Cenvat credit in rcm
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 May 2014
In Supply of manpower , security services service provider is propreitor & service receiver is Ltd / Pvt ltd company. & in Legal & professional Advocate is indiviual / firm & service receiver is Mfg company.
So my question is that in above both cases service receiver is able to take cenvat credit ? & if yes plz let's know the procedure.
Waiting for reply.
In Supply of manpower , security services service provider is propreitor & service receiver is Ltd / Pvt ltd company. & in Legal & professional Advocate is indiviual / firm & service receiver is Mfg company.
So my question is that in above both cases service receiver is able to take cenvat credit ? & if yes plz let's know the procedure.
Waiting for reply.
31 May 2014
As per the notification no. 30/2012 w.e.f. 1.7.2012 in specified cases service receiver is liable to pay the service tax for the specified percentage.
And service receiver can avail cenvat credit for the same on the basis of tax paid challan (GAR 7)
It means you can get this credit only after the payment of service tax in cash.
And service receiver can avail cenvat credit for the same on the basis of tax paid challan (GAR 7)
It means you can get this credit only after the payment of service tax in cash.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is Aadhar PAN linking required for opening bank account?
- Applicability
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Where to show the RCM on Rent paid to unregistered landlord
- RCM - commercial rent paid to URP under GST
- TDS NUMBER SURRENDER
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Gst Sales of FY 2023-24
- Offsetting interest income against derivative trading losses
- My Last working day in current org is in novemebr 2024 but they are asking me to submit IT proof
- Indexation benefit applicability
- SEC 54 OF IT ACT
- Passed group 2 exams under wrong gender
- REQUIREMENT OF 15CB
- QUERY FOR RCM ON RENT
- APPEAL-CIT
- Payable outstanding for years disallowance
- Whether still royalty
- Issue of gst e invoice
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
