CENVAT Credit for Service Tax paid by service reciever

Share
Share This Thread
  1. Ronak Pandya

    Ronak Pandya New Member

    Please clarify that if service provider is an individual and has an turnover of less than Rs. 10 Lakh and has giver service of motor vehicle to a company, under reverse charge, service tax paid by company, can obtain cenvat credit for 40% tax paid or it will be cost to company.
     
  2. I assume that motor vehicle is used for carrying passengers, in that case CENVAT credit is not available to the company pays the service tax.
     
    Ronak Pandya likes this.
Draft saved Draft deleted
Loading...
Similar Threads Forum Date
Availability of Cenvat Credit GST Apr 26, 2017
cenvat credit GST Jan 6, 2017
Cenvat Credit GST Apr 20, 2016
Can CENVAT credit be taken on construction of residential properties GST Mar 3, 2016
SERVICE TAX CENVAT CREDIT GST Jan 13, 2016