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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 October 2012 Service tax issue:
Service tax on various exp... say 100
Service tax paid under reverse mechanism GTA say 50

Then while paying service tax on my revenue i will reduce 150 rite... or only 100..?

CA Manish

CA Manish (Expert)
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19 October 2012 Whatever You have paid because of reverse charge you are eligible for taking the CENVAT credit of the same on the basis of payment challan.

So ib your case it is Rs 150/-.

Querist : Anonymous

Querist : Anonymous (Querist)

19 October 2012 thank u sir

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