Our client is a Tractor Manufacturing co. paying service tax under RCM on freight (inward & outward both). Whether it can claim cenvat credit of such service tax paid under RCM ?
Our client is a Tractor Manufacturing co. paying service tax under RCM on freight (inward & outward both). Whether it can claim cenvat credit of such service tax paid under RCM ?
CENVAT credit cannot be used to pay RCM. But post payment the same can be taken as credit
CAclubindia
