Payment of Reverse Charge Service Tax

[Ashok Chopra]

Respected Forum,

I am exporter, not registered with Central Excise  and  paid  lot service tax on  various input services not booked as expense in books.  Can i set off my monthly liability of Payment of Reverse Charge with the credit or i am liable to pay in cash and take further credit on bank challan, which will be accumulated.

How Can i get refund this  Service tax.

An exporter who is not registered with Central Excise, can he file refund under Rule 5 of  Cenvat Credit Rule, 2004 as UNUTILIZED CREDIT or there is any procedure or i should accumulated it and book as expense.

waiting for kind advice

AI Summary

Exporter Can Claim Refund Under Rule 5 of CCR for Input Tax Credit, Not Set Off Monthly Liabilities An exporter inquired about setting off monthly liabilities of reverse charge service tax with input tax credit, as they are not registered with Central Excise and have paid service tax on various input services. They sought advice on whether they could claim a refund under Rule 5 of the Cenvat Credit Rule, 2004, as unutilized credit or if they should book it as an expense. The response advised that as an exporter, they could claim a refund under Rule 5 of the CCR for the input tax credit, but setting off monthly liabilities with reverse charge credit is not possible.