Whether service provider can take the CENVAT credit of tax paid on input servives in case of reverse charge.
Eg: if XYZ Ltd. receive GTA service and pay tax on it under reverse charge, whether XYZ Ltd. ccan take cenvat credit of such tax?
Menu
Credit of tax paid under Reverse charge
Replies (1)
Yes certainly as long as the GTA service is used in provding taxable service or in relation to manufacture or clearance or input services are such that they are used in business.
Recent Threads
- Missed GST Reporting for March 2025
- Future and Option Turnover
- Outstanding demand
- Error in filing income tax return
- DRAFT - DIRECTOR's REPORT OF BASE LAYER NBFC
- Amt of LTCG required to be reinvested on house pro
- Charity Commissioner of Maharashtra site error
- GST under my personal name
- FORM 26QB CORRECTION DATE OF PAYMENT/CREDIT
- Which TDS section Applicability - Education suppor
Related Threads
CAclubindia
