Rcm cenvat credit

Queries 336 views 2 replies

sivabommakanti

CA - Tax Consultant

267 Points Joined February 2012

Hi friends,

After the recent CENVAT ammendments, can the service tax charged in bills i.e., payable by service provider to govt. be availed based on strenght of bill by service receiver? I know that RCM portion paid i.,e., service tax payable by service receiver directly can be availed only after payment to vendor.

Replies (2)

Saurabh Maheshwari

B.com ACA

5923 Points Joined December 2011

yes...correct.....

Parth

article

22 Points Joined July 2014

S.tax payable by the service provider can be availed on the basis of bill.where as s.tax payable by the receiver can be availed on the basis of challan of payment of s.tax.