Menu
Cenvat credit
can one take cenvat of service tax charged by a CA in his bill if he is manufacturing exciseable goods ?
further can one pay SERVICE TAX GTA under reverse charge FROM CENVAT CREDIT ?
Replies (2)
Yes cenvat of service tax charged by ca can be taken for payment of excise duty on manufactured goods.Further service tax under reverse charge can not be paid by utilising cenvat credit.
yes credit can be taken for excise payment but payment for reverse charge services i.e GTA had to be made in cash only , you cannot use credit for payment of st with regard to these service
Recent Topic
- Form 10E u/s. 89(1). Need clarification because Ex
- Long Term Capital Loss - Tata Capital unlisted sha
- Section 54F deduction - GST and Stamp Duty cost wh
- Professional Crossed 20 Laks in Dec 26 Failed to T
- F&O in ITR
- CA Final Self pace Module
- Query Regarding House Ownership Transfer Reflected
- Money transction within Family
- ITR-2 salary breakup updation
- Application for ₹2 Crore Term Loan under Cre
Related Topics
CAclubindia
