Reverse charge mechanism

This query is : Resolved

mahesh (Querist)
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13 January 2015 Respected sir/madam,

my client(company) is paying service tax under reverse charge scheme on transportation of passengers and transportation of goods by road whether my client is eligible to take input service tax credit.

CA Ankit Agarwal

CA Ankit Agarwal (Expert)
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13 January 2015 No input service tax credit is allowed under reverese charge mechanism since no credit of taxes paid is given to the service receiver.

mahesh

mahesh (Querist)
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13 January 2015
Really very thanking you sir

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