Rcm on manpower service
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 March 2016
Sir
We are real estate developer..we have already been paying service on under construction of residential complex. Now reverse charge mechanism on manpower service is 100%.
Now our question, we are paying service tax on residential complex as well as manpower service.
Can we utilized RCM amount as cenvat credit... If so kindly help us, what would be the procedure in service tax return.
Thank you
We are real estate developer..we have already been paying service on under construction of residential complex. Now reverse charge mechanism on manpower service is 100%.
Now our question, we are paying service tax on residential complex as well as manpower service.
Can we utilized RCM amount as cenvat credit... If so kindly help us, what would be the procedure in service tax return.
Thank you
14 March 2016
Yes you can avail CENVAT credit of service tax paid on manpower under RCM (after paid to Govt)... the same can be disclosed cenvat credit availed on input services
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 March 2016
Sir
I have some confusion while filing return, we put 2 challans each month and how avail cenvat?
I have some confusion while filing return, we put 2 challans each month and how avail cenvat?
14 March 2016
There is no need for challan details for CENVAT, you can clubbed this amount with other cenvat credit availed in that month
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- RCM INVOICING FROM NOV-2024
- Confusion around Form 26QB fields
- Tds on building rent monthly
- Sale of property furniture sale
- Applicability of Tax audit u/s 44AB of income tax act, 1961
- Question about eligibility for tax rebate u/s 87A
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- BUYING PROPERTY COULD NOT FILE 26QB
- Gst input for FY 23-24
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- GST Regis.
- IGST Credit-Show cause notice issued-confusion
Trending Online Classes
CAclubindia
