Service tax input credit under reverse charge mechanism

Nagappa B Nesur (PROPRIETOR) (100 Points)

27 July 2012  

Dear All,

I am usining service of man power supply and have to discharge ST on 75% of service value under reverse charge mechanism. I will take ST input as charged in SP bill.  Whether, I can take input credit of ST which I discharged i.e 75%of service value.

It would be greate advantage, if any section/rule reference is made available.

 

Thanks and Regards

 

Nagappa b Nesur.