Time limit for availment of credit under Rcm

[Guest]

Dear Sir, As per new notification 21/2014 under service tax paid partly reverse charge but how to avail partly service tax paid by service provider, please explain in simple words thanks and regards

AI Summary

Clarification on Service Tax Credit: Partial Reverse Charge Requires Invoice Payment Despite Changes in Full Reverse Charge. Refer to Rule 4(7). A user inquired about the process of availing service tax credit under the partial reverse charge mechanism following notification 21/2014. The response clarified that while the requirement to pay the invoice value to the service provider to avail credit is removed for full reverse charge, this change does not apply to partial reverse charge. The responder advised the user to refer to the amended proviso to rule 4(7) for detailed guidance, emphasizing that notification 21/2014 is self-explanatory.