Arpit verma (Indirect tax) (1372 Points)
14 January 2016Our 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 ?
Ajit Hegde
(CA - Final)
(1367 Points)
Replied 14 January 2016
CENVAT credit cannot be used to pay RCM. But post payment the same can be taken as credit
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