Cenvat credit on service tax on insurance of motor car

Dear Friends,

 

I need your view on the following queries:

 

1. Can Company take CENVAT Credit on Service Tax paid on Insurance Premium paid on Motor Car?

- Both in case its owned motor car and in case it is hired from its employee.

 

2. Company has hired Motor Car from its emplyee and company pays rent for motor car. Now as per Reverse Charge Mechanism Company needs to pay Service Tax on rent paid on motor car as a Service receiver.

Now Can company take CENVAT Credit paid on such rent paid on motor car hired from employee?

 

Regards,

CS Samiksha Kansara

Replies (3)

In both cases you cant take cenvat credit on service tax paid

 

Agreed with Mr. Ganesh

Thank you Ganesh & Sahil...

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details