TaxTMI 
TaxTMI 
limited company receiving bill for security services from partnership firm. As per reverse charge the company will pay 75% service tax and 25% will be charged by partnership firm in the bill.Whether cenvat can be availed by the company on this bill of security services .
cenvat reverse charge
04 Oct 2014 
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CENVAT credit on reverse charge: available for security services after government payment; provider charged portion creditable on invoice.
CENVAT credit is available on security services classified as input services, except where the services lack nexus with manufacturing or business (e.g., residential colony services). The provider charged portion is creditable on receipt of invoice. The recipient must record the reverse charge liability in ST 3 in the month payment is made to the vendor; credit for the reverse charge portion is claimable only after payment to the Central Government by challan and payment to the service provider, and may be taken in the subsequent month. (AI Summary)
CENVAT credit is available on security services classified as input services, except where the services lack nexus with manufacturing or business (e.g., residential colony services). The provider charged portion is creditable on receipt of invoice. The recipient must record the reverse charge liability in ST 3 in the month payment is made to the vendor; credit for the reverse charge portion is claimable only after payment to the Central Government by challan and payment to the service provider, and may be taken in the subsequent month. (AI Summary)