Can a manufacturing unit avail cenvat credit of KKC for payment of KKC on reverse charge mechanism?
cenvat credit of KKC for manufacturing unit
Pradeep Kumar
Cenvat credit entitlement for reverse charge input tax: query on whether a manufacturing unit may utilize KKC credit. Whether a manufacturing unit may avail cenvat credit of KKC paid under the reverse charge mechanism is raised, and respondents have directed the inquirer to prior discussion threads and specific issue IDs for guidance rather than providing a standalone determination on eligibility. (AI Summary)
TaxTMI
TaxTMI