Menu
Cenvat credit
can one take cenvat of service tax charged by a CA in his bill if he is manufacturing exciseable goods ?
further can one pay SERVICE TAX GTA under reverse charge FROM CENVAT CREDIT ?
Replies (2)
Yes cenvat of service tax charged by ca can be taken for payment of excise duty on manufactured goods.Further service tax under reverse charge can not be paid by utilising cenvat credit.
yes credit can be taken for excise payment but payment for reverse charge services i.e GTA had to be made in cash only , you cannot use credit for payment of st with regard to these service
Recent Threads
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
- GST RATE OF OUT DOOR CATERING
- Non resident taxation & income tax in India
- GST Rate for oral Hygiene Combo Pack
- GST registration - Address error
- TDS on property pu
- Import of goods IMS action related
- Incometax Survey - Updated Return Filing after the
- TCS under 206C(1F)
Related Threads
CAclubindia
