03 December 2012
the service tax which u have to pay under the reverse charge mechanism., should be paid by u in cash only., u cannot avail the cenvat credit if available to setoff that.,
but ., on payment of the above tax., u can avail the cenvat credit for the payment of Out put service tax.
04 December 2012
1. You can avail CENVAT credit of the service tax paid by you under reverse charge. However, if you are recovering the same from the service provider, then you CANNOT avail CENVAT credit.
2. If you wish to utilise CENVAT credit of one site with other site, then you have to register as Input Service Distributor.
Otherwise you cannot utilise CENVAT credit of one site against service tax liability of other site.
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