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?
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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.
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