Cenvat credit on service tax

696 views 4 replies
Can you please explain the provision about availing cenvat credit? I understood from the input service definition that you cannot avail service tax paid on Directors fee.

Read more at: /forum/service-tax-on-directiors-233000.asp#.UN1676zLF4E
Can you please explain the provision about availing cenvat credit? I understood from the input service definition that you cannot avail service tax paid on Directors fee.

Read more at: /forum/service-tax-on-directiors-233000.asp#.UN1676zLF4E
Can you please explain the provision about availing cenvat credit? I understood from the input service definition that you cannot avail service tax paid on Directors fee.

Read more at: /forum/service-tax-on-directiors-233000.asp#.UN1676zLF4E
Can you please explain the provision about availing cenvat credit? I understood from the input service definition that you cannot avail service tax paid on Directors fee.

Read more at: /forum/service-tax-on-directiors-233000.asp#.UN1676zLF4E
Can you please explain the provision about availing cenvat credit? I understood from the input service definition that you cannot avail service tax paid on Directors fee.

Read more at: /forum/service-tax-on-directiors-233000.asp#.UN1676zLF4E
Can you please explain the provision about availing cenvat credit? I understood from the input service definition that you cannot avail service tax paid on Directors fee.

Read more at: /forum/service-tax-on-directiors-233000.asp#.UN1676zLF4E

Can we avail cenvat credit to set off service tax payable on directors fee.

 

Replies (4)

yes.

ofcourse you may.
please reply with why did u think u may not .

thank you

I disagree.

service tax on director's fee payable on reverse charge mechanism by service receiver has to be paid in cash. Only then cenvat credit can be availed.

Regards,

This is pursuant to Rule 4(7) 1st proviso of CCR 2004 as amended till date.

Cenvat Credit can be utilised for payement of Output liablity only, hence liability under reverse chagre shall be paid in cash then only we can claim it as input credit for setting off  Output liability

Therefor first you have to discharge your service tax liabilty under RCM in cash.

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details