sasi kumar.c (Student) (68 Points)
22 November 2012As per new notification a company is liable to pay service tax for 75% value of security charges and service provider is liable to pay remaining 25% which will be received from service receiver.
My Doubt is, can that company claim that 25% as input or not ?
If i case answer is yes for which month input can be claimed either for current period or for next month?
Nirav Worah
(CHARTERED ACCOUNTANT)
(396 Points)
Replied 22 November 2012
Service receiver can take cenvat credit on 25% service tax charged by service provider. The credit of service tax can be taken on the basis of invoice provided payment is made within 3 months.
satya
(Executive Excise)
(1839 Points)
Replied 23 November 2012
for your ready reference pl.find below one case law.
satya
(Executive Excise)
(1839 Points)
Replied 23 November 2012
for taking Cenvat Credit for MANPOWER & SECURITY SERVICES under Reverse Charge Mechanism
pl.find below reply
/forum/service-tax-on-manpower-supply-228231.asp#.UK9MyuRQEpQ
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