I am getting manpower solution service. They charge of service tax 25% & remaining 75% service tax as reverse charge basis to be paid by service receipent.
my question is
can i take credit of service tax to be paid on reverse basis(75%).
its very ugent. pls provide me solution on my query.
27 February 2014
Yes, you can take the cenvat credit after payment of service tax under reverse charge systems. If you have any doubt you consult with me.