Cenvat credit to those registered as service receivers

This query is : Resolved

JORDAN (Querist)
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25 December 2013 Dear all,

Requesting to instruct me is there any chance to those companies who got registered as Service Receiver ONLY under RCM Scheme & get Cenvat Credit on Payment of Rent against ST Payables under RCM Scheme.

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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25 December 2013 Assessees making payment of service tax under reverse charge mechanism are eligible to avail CENVAT credit of the same.

The CENVAT credit can be utilized for making payment of excise duty.

If the assessee is unable to utilize CENVAT credit, he can claim refund of the same.

JORDAN

JORDAN (Querist)
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25 December 2013 Thank You Sir for spending your precious time for guiding me.

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CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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25 December 2013 You are welcome. You should use the thanks button to convey your thanks.