07 August 2013
In case of service under " Transportation of goods by road / Goods transport agency " I want to know whether an assessee who pays service tax under a reverse charge mechanism is allowed to take credit on following items mentioned as under :- 1. On Inputs 2. On Capital goods 3. On input services received directly 4. As receive3d from Input Service Distributor
Person discharging Service Tax under reverse can avail credit on 1st 3 points given in your query. Nexus with manufacturing is always required to be proved, your 4th points i am not able to understand, pls elaborate. If u want answer for 1st three points, you can refer Cenvat Credit Rules, 2004 or you may revert me back for further detailed clarification.
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