Which amount can be taken as CENVAT CREDIT ??

[hardik thacker]

Sir,

We have received invoices stating therein service value and service tax.

suppose for any reason (for example : service value not as per work order or deduction made as per the terms of contract or partly recovery from employee for usage of mobile bills) we are paying less service value and accordingly service tax thereon.

Which should we taken as CENVAT CREDIT ??

Thanks..

AI Summary

Eligible CENVAT Credit is Based on Actual Service Tax Paid, Regardless of Adjustments in Service Value A query was raised regarding the amount eligible for CENVAT credit when service tax is paid on invoices with discrepancies in service value. The response clarified that the eligible CENVAT credit is the amount of service tax actually paid. Even if the service value is adjusted due to contract terms or deductions, the service tax paid by the provider remains the eligible credit amount. The service value can be altered, but not the service tax amount paid.