Availment of Cenvat Credit - Payment of ST through cenvat

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..... Availment of Cenvat Credit - Payment of ST through cenvat
Query (Issue) Started By: - Anup Kumar Grover Dated:- 13-5-2008 Last Reply Date:- 14-5-2008 Service Tax
Got 2 Replies
Service Tax

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..... >Whether Input Cenvat Credit be avaiable, where the ST is paid on commission/brokerage paid to one of the agent and in another deal on belalf of client received brokerage charges. Can ST paid be taken .....

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..... as credit agaisnt the service tax liability of the company Reply By Surender Gupta: The Reply: If there is no nexus between the output services and input services it would be difficult to avail the .....

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..... cenvat credit. On the other side, if there is nexus you can avail credit. Therefore, you need to verify the facts. Reply By V Ramanujam: The Reply: For availing CENVAT credit, one to one correlation i .....

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..... s not necessary. However, it should be ensured that the input service in respect of which the CENVAT is availed should be in relation to provision of taxable output service.
Discussion Forum - Kno .....

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..... wledge Sharing .....

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