Cenvat credit for manpower receiptent

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

10 August 2012 Dear Sir
our co., comes under manpower receipte service tax can we get cenvatcredit reverse mechanism

with thks in adv

CA CS Amit S. Kedia

CA CS Amit S. Kedia (Expert)
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10 August 2012 The credit of the entire tax paid on the service received by the service receiver
would be available to the service recipient subject to the provisions of the CENVAT Credit Rules 2004. The credit of tax paid by the service provider would be available on the basis of the invoice subject to the conditions specified in the CENVAT Credit Rules 2004. The credit of tax paid by the service recipient under partial reverse charge would be available on the basis on the tax payment challan, again subject to conditions specified in the said Rules.