Cenvat credit can be taken when bill of service provider

Queries 616 views 4 replies

Hi,

If any service provider does not give the break up of Service Tax to be collected rather giving an amount under 'Service Tax' Only, can Service receiver avail cenvat credit in this regard??

For Example,

Amount of Service is - 100

Rate of Service Tax - 14.5%

In bill, only Rs. 14.5 is shown under Service Tax.

Can Cenvat credit be availed by Service Receiver in this case.

 

Thanks

 

Replies (4)

Yes, you can ! But only to the extent of 14%. 0.5% you should expense it off.

Hello,

Yes credit of SBC(.50%) cannot be availed.

I am agree with........

Hi,

Thanks for your reply.

1 more situation......If service provider raise the bill stating the bill amount (inclusive of Service Tax), what would happen: -

: - How can we take cenvat credit as we dont know amount of Service Tax,

: - Whether in this case, we are sustaining some loss,

: - Any other situation

Thanks

 


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