Cenvat Credit Under Reverse charge

[RAM SHARMA]

Dear Experts,

We are manufacturer company and pay service tax under reverese charge machenism for following services.

1.Renting of cab 2.manpower consuting services 3. legal services 4. intelectual property write(IPR) 5. Work contract services.

Can we take cenvat credit of all services under reverese charge machenism.

Thanks

[YAGAY andSUN]

You can avail the CENVAT credit on the followings:-

 

1. Man Power Consulting Services
2. Legal Services
3. Intellectual Property Rights

CENVAT credit on  followings would not be available as it is specifically denied in the Input Services Definition:-

1. Renting of Cab
2. Works Contract Services

[JaysonJacob Mathew]

Ram,

Works contract service in relation to manufacture can be claimed as input.

Works contract with respect to construction can not be claimed

AI Summary

CENVAT Credit Available for Manpower, Legal, and IP Services; Excludes Renting Cabs, Works Contracts Not in Manufacturing A manufacturer inquired about the eligibility to claim CENVAT credit under the reverse charge mechanism for services such as renting of cabs, manpower consulting, legal services, intellectual property rights, and works contract services. An expert clarified that CENVAT credit is available for manpower consulting, legal services, and intellectual property rights. However, credit is not available for renting of cabs and works contract services, as these are specifically excluded under the Input Services Definition. Another expert added that works contract services related to manufacturing can be claimed as input, but not those related to construction.