The business entity has received security services from HUF and hence paid Service Tax as per RCM thereunder (i.e. @ 9.27%).
Can the busniess entity avail the input of the payment of service tax under reverse charge mechanism ?
please do help.
Menu
Cenvat credit on payment of st under rcm
Replies (1)
Hello,
Service Receiver (Body corporate) can take the Cenvat credit of entire Service Tax paid ( by Service Provider + Service Receiver under reverse charge mechanism) on the basis of invoice issued by Security Agency and challan through which Service Tax has been deposited.
Recent Topics :
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
- Hi experts need some help
- Is SAP FICO a good career option for finance and a
- Direct Cost booking
Related Topics :
CAclubindia
