Credit of tax paid under Reverse charge

CA CS Akashdeep Singh (Practicing CA) (1394 Points)

18 June 2009  

Whether service provider can take the CENVAT credit of tax paid on input servives in case of reverse charge.

Eg: if XYZ Ltd. receive GTA service and pay tax on it under reverse charge, whether XYZ Ltd. ccan take cenvat credit of such tax?