15 June 2016
Nature of Co is Stock Broker, co will charged service tax from clients .. Case :Company paid Legal fee of Rs. 2,00,000 /- to Advocate and Service tax of Rs 29000 /- in April 2016 (including SBCess @0.5%) to Service department on Reverse Charge Mechanism. My question is that can company take Cenvat credit for Service tax liability in may 2016 , June 2016 , July 2016 , August 2016 and so on ?