We are EPC Contractor and have engaged an agent for managing the import of materials. The agent pays to the Govt. Authority and service tax thereupon which we reimburse through a separate bill from the agent in which he does not charge any Service tax but mentions reimbursement of expenses and attaches the said paid bill of Govt. Authority. The bills from the Govt. Authority is in the name of our owner/Employer. Now as we have paid the agent and have custody of the paid bills to Govt. Authority, can we take cenvat credit on the Service Tax paid or not?
Please advice.
email: sunilpattnaik @ in.com
CAclubindia
