Cenvet Credit

[UMESH KUMAR]

Dear Experts Team,

1.Can company take Cenvet Credit adjustment at the time of payment of Service Tax if the company is deposit Service Tax on behalf of service provider

2. Can company take Cenvet Credit on Krishi Kalyan Cess.

AI Summary

Can a Company Adjust Cenvat Credit When Paying Service Tax? Krishi Kalyan Cess Credit Clarified A user in a discussion forum inquired whether a company can adjust Cenvat Credit at the time of paying Service Tax on behalf of a service provider and if it can take Cenvat Credit on Krishi Kalyan Cess. An expert clarified that the service tax liabilities of the service provider and receiver are separate, and the service provider must pay their dues. Krishi Kalyan Cess credit is only available to service providers. Another expert confirmed this view, and further discussion suggested that manufacturing units cannot claim Krishi Kalyan Cess credit unless they also provide services.