CENVAT

This query is : Resolved 

18 February 2009 In case of service tax of GTA paid by Company under reverse charge system. Company can use CENVAT credit balance for paymnet of that service tax liability.

18 February 2009 No. GTA is not the output service of the using company, hence cenvat credit cannot be utilised for payment of this tax even when sufficient balance is there in the RG23 part-II register. The payment should be made in cash.
However, immediately after payment, cenvat credit can be taken if the GTA is an input service.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries