Can we utilized cenvat input credit to paid our service tax?
This query is : Open
17 May 2016
Sir,
If we had excess credit in Cenvat Register should we utilized this Input credit to pay our Service Tax on GTA.
If we had excess credit in Cenvat Register should we utilized this Input credit to pay our Service Tax on GTA.
19 May 2016
You can not utilize CENVAT Credit for payment of service tax under Reverse Charge. If you are liable to pay service tax on GTA under reverse charge, then you cannot discharge your service tax liability through CENVAT Credit.
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