Reverse charge

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 October 2014 This clarification is regarding whether we can take credit for service tax paid under reverse charge mechanism in the subsequent month?

CA Parul Saxena

CA Parul Saxena (Expert)
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27 October 2014 yes you can take credit of service tax paid under reverse charge as it is equivalent to your input service tax

Ganeshbabu K

Ganeshbabu K (Expert)
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27 October 2014 Yes as and when you made payment of service tax under reversecharge mechanism
.
.
amount paid may be taken as input if it is eligible service on basis of GAR7
.
.
credit taken(gar 7 date) should not be more than 6 months

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