Reverse service tax

My Company is located at Software Technology Park and having 100% export oriented unit and not registered under service tax act. Kindly confirm whether we need to be registered and need to make partial payment of Service tax while availing the services of  charges of buses.

Thanks in advance for your support.

Replies (4)

In my opinion,

If you are a company then the service tax liability under reverse charge mechanism has to be paid for the renting of buses for passenger travel hired from a non-corporate body.

Moreover, if it is utilised for travel of employees, the cenvat on the same will not be eligible under Rule2(l) of the Cenvat Credit Rules, 2004.

Otherwise, you may claim the rebate of the same vide Notification No.41/2012-ST dated 29-06-2012.

Hi NIK

 

Assuming from you question that you are 100% eou with no domestic sales. you can claim refund from the department for most of ST you pay on your vendor invoices, by registering for service tax. I am not sure why you are not claiming the same and also aware that this takes a long time, but no harm in trying.

Agree with Vikas on the specific question you have asked.

Hi NIK,

You need to register for ST. You can claim refunds under the act in question. 

Hi, please anybody can provide the RG register for cenvat credit, an example, after came RCM, i dont know how will make the RG. 

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