A manufacturer paid service tax from July 2012 onwards under reverse charge mechanism (partial liability) and 100% service tax liability of service receiver. From since July 2012 they would not take cenvat credit.
Now i.e February 2016 can take cenvat credit based on Rule 11 of CCR 2004. ?
any impact of notification no.21/2014 dt.11.07.2014.
If it is possible to take credit under which proviso.
CAclubindia
