Easy Office
LCI Learning

Input of service tax -rcm

This query is : Resolved 
Profile Image

Profile Image

(Querist)
28 December 2016 Dear Experts, Please let us know can we take CENVAT of service tax paid on car hiring charges and rental charges under reverse charge mechanism scheme. Since these input services do not have any nexus with the output service provided as our company comes under manufacturing industry. Please let us know that setoff is allowed to pay excise or not.
Profile Image

ASHWANI DHANUKA

Profile Image

ASHWANI DHANUKA (Expert)
28 December 2016 Car Hiring is not an input service eligible for input
Profile Image

VIPIN GUPTA

Profile Image

VIPIN GUPTA (Expert)
29 December 2016 See Rule 2(l) of Cenvat Credit Rules for Input Service.
Upgrade to CAclubindia Pro. Subscribe Now!


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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links