Please suggest me. I charged service tax on work contract @ 4.944% from my client and I received a bill of job work done on site of Rs .12,00,000/- with service tax approx. 1,32,000/-. My query is that can I get the Cenvat Credit of Job work Invoice for payment of service tax.
You can take input credit of Service Tax paid to job worker.
There no restriction for the same in Cenvat Credit Rules or Service Tax (determination of value) rules.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
20 July 2014
Thanks Tarun sir,
But Iam covered under composition scheme. Rule 2A of Service Tax (Determination of Value) Rules, 2006 prohibit cenvat credit on Input. Can we get the benefit of cenvat credit of Job work under Input service. If yes then could you please provide me any case law regarding the same.
But Iam covered under composition scheme. Rule 2A of Service Tax (Determination of Value) Rules, 2006 prohibit cenvat credit on Input. Can we get the benefit of cenvat credit of Job work under Input service. If yes then could you please provide me any case law regarding the same.
21 July 2014
There are three types of Cenvat Credits
a) On Capital Goods b) On Inputs c) On Input Services
Explanation 2 to rule 2A has clearly mentioned that Cenvat of Input is not available hence the input of Capital Goods and Input Services is available. There is no ambiguity in this hence no need for any case law.
21 July 2014
There are three types of Cenvat Credits
a) On Capital Goods b) On Inputs c) On Input Services
Explanation 2 to rule 2A has clearly mentioned that Cenvat of Input is not available hence the input of Capital Goods and Input Services is available. There is no ambiguity in this hence no need for any case law.
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