Time limit for availment of credit under Rcm, Service Tax

[SANDESH SHINDE]

Dear Sir, As per new notification 21/2014 under service tax paid partly reverse charge but how to avail partly service tax paid by service provider, please explain in simple words thanks and regards

Posts / Replies

[Pradeep Khatri]

Dear Sandesh,

In case of service tax paid under full reverse charge, the condition of payment of invoice value to the service provider for availing credit of input services is withdrawn. However, there is no change in respect of partial reverse charge. [Refer amended proviso to rule 4(7)].

Notification 21/2014 is self explanatory, please dig deeper.

Regards,

YAGAY and SUN

(Management and Indirect Tax Consultants)