When can a Service Recepient take the Credit Of Service Tax when he is liable to pay Tax under the mechanism of Reverse Charge on behalf of Service Provider?
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Reverse charge credit
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A Service Recipient is not allowed to utilize Cenvat Credit for payment of service tax on reverse charge. So, every service recipient has to pay service tax though GAR-7 Challan. However, subject to other conditions, if a service receiver is a provider of output service, he can take credit of service tax paid though GAR -7 under reverse charge, immediately after the payment on the basis of receipted GAR-7 Challan.
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