https://www.taxtmi.com/forum/issue?id=107050 Clarifies CENVAT credit treatment for manpower services: under partial reverse charge credit is allowable only after payment of the service value and service tax shown in the contractor's invoice per Notification No.21/2014; services not under reverse charge may be credited on invoice receipt if paid within a short prescribed period; full reverse charge services permit credit only after payment. An amendment also imposes an outer time limitation for taking credit measured from the date of the document, and requires reversal if payment is not made within the short-term period with a right to re availment upon payment. en-us Fri, 18 Jul 2014 15:37:05 +0530 Thu, 23 Jan 2025 15:57:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=107050 Clarifies CENVAT credit treatment for manpower services: under partial reverse charge credit is allowable only after payment of the service value and service tax shown in the contractor's invoice per Notification No.21/2014; services not under reverse charge may be credited on invoice receipt if paid within a short prescribed period; full reverse charge services permit credit only after payment. An amendment also imposes an outer time limitation for taking credit measured from the date of the document, and requires reversal if payment is not made within the short-term period with a right to re availment upon payment. Discussion-Forum Service Tax Fri, 18 Jul 2014 15:37:05 +0530 https://www.taxtmi.com/forum/issue?id=107050