28 May 2014
When the service tax is paid on inward freight GTA under reverse charge mechanism taking the benefit of abatement i.e. on abated value of 25% then Can Cenvat credit of the same be taken ? Can cenvat credit be taken of the above service tax paid ?
28 May 2014
Yes, Service recipient can avail cenvat credit after payment of service tax on the basis of GAR 7 challan evidencing payment of service tax.