TMI BlogService tax reversalX X X X Extracts X X X X X X X X Extracts X X X X ..... Service tax reversal X X X X Extracts X X X X X X X X Extracts X X X X ..... japan and pay cha charges (inward transportation charges)1. one machine return to japan, whether we have to reversed service tax on cha charges or not.2. another machine was capitalized and after that ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sold it, whether we have to reversed service tax on cha charges or not.Regards, K.Gopal Reply By Pradeep Khatri: The Reply: Dear Krishan Gopal, Though CENVAT credit Rules, 2004 do not specifically ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mention about the reversal of CENVAT credit on the Input Services, but it is advisable to reverse the same as Department may litigate this issue. Regards, Team YAGAY & SUN (Management and Indirect ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Tax Consultants) X X X X Extracts X X X X X X X X Extracts X X X X
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