Dear Experts,
Under Partial Reverse Charge (we are service receiver) towards Security Agencies we have paid the Service Tax duty in Mar 2014. We have not taken the credit for the same. Shall we take credit based on the E-receipt duty paid challan in this month? Pl clarify
Confusion Over Cenvat Credit Eligibility for Service Tax Paid Under Partial Reverse Charge from Security Agencies in 2014 A service receiver inquired about claiming Cenvat credit for service tax paid under Partial Reverse Charge for services from security agencies in March 2014. Four experts responded. One confirmed that the credit could be claimed using the E-Receipt Challan (GAR-7). Another expert disagreed, suggesting the credit was not eligible. A third response indicated that the claim should have been made within a year from April 1, 2015. The final reply noted that the time period to claim the credit had elapsed, thus making it impossible to claim the credit now. (AI Summary)
TaxTMI 
TaxTMI 
