https://www.taxtmi.com/forum/issue?id=109811 Contracts stating tax must be "actually and genuinely paid" require factual, honest discharge to government or equivalent lawful discharge. Cenvat credit usage equates to payment if taken in conformity with Cenvat Credit Rules. Under Reverse Charge Mechanism the tax must be discharged in cash first, with credit taken thereafter as permitted. Government reimbursements may require a duly certified challan. Contractors must ensure procedural compliance with Cenvat rules to validate credit-based discharges. en-us Sat, 30 Jan 2016 17:37:47 +0530 Thu, 23 Jan 2025 15:56:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109811 Contracts stating tax must be "actually and genuinely paid" require factual, honest discharge to government or equivalent lawful discharge. Cenvat credit usage equates to payment if taken in conformity with Cenvat Credit Rules. Under Reverse Charge Mechanism the tax must be discharged in cash first, with credit taken thereafter as permitted. Government reimbursements may require a duly certified challan. Contractors must ensure procedural compliance with Cenvat rules to validate credit-based discharges. Discussion-Forum Service Tax Sat, 30 Jan 2016 17:37:47 +0530 https://www.taxtmi.com/forum/issue?id=109811