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    <title>Credit taken on 75% in labor contractor</title>
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    <description>Post 1.7.2012, under the Cenvat Credit framework the service recipient may claim credit of tax paid by the service provider on the basis of a valid invoice, subject to conditions in the rules; where tax is paid by the recipient under partial reverse charge, credit is allowable on the basis of the tax payment challan, subject to those rules. A compliance question concerns whether the proviso requiring payment equal to duty on transaction value applies after ten years or within ten years from taking Cenvat credit.</description>
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      <description>Post 1.7.2012, under the Cenvat Credit framework the service recipient may claim credit of tax paid by the service provider on the basis of a valid invoice, subject to conditions in the rules; where tax is paid by the recipient under partial reverse charge, credit is allowable on the basis of the tax payment challan, subject to those rules. A compliance question concerns whether the proviso requiring payment equal to duty on transaction value applies after ten years or within ten years from taking Cenvat credit.</description>
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