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Service tax input credit

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 June 2014 Service tax paid on Reverse charge mechanism and the party does not provide any services nor it comes under Excise/customs . What will be the treatment of service tax paid under RCM???
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Annu Agarwal

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Annu Agarwal (Expert)
14 June 2014 No credit of service tax paid shall be allowed.The whole shall be claimed as expenses.

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