18 July 2016
Hello, my company engaged only in export of services, which are exempted from service tax. we receive notice buyout amount from employees for breach of notice terms which is liable to Service tax u/s 66E(e).
my question is Can we utilize cenvat credit available to pay the service tax liability on above said service.
and also want to know service tax paid on services received like security services, internet services, maintenance services, are eligible for input credit(we are providing only export of services).
18 July 2016
In case of declared service & services covered under RCM payment is to be made in case only & if eligible Cenvat Credit may be availed for the same.