Which amount can be taken as CENVAT CREDIT ??

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..... Which amount can be taken as CENVAT CREDIT ??
Query (Issue) Started By: - hardik thacker Dated:- 28-9-2015 Last Reply Date:- 28-9-2015 Service Tax
Got 1 Reply
Service Tax
Sir, We have re .....

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..... ceived invoices stating therein service value and service tax. suppose for any reason (for example : service value not as per work order or deduction made as per the terms of contract or partly recov .....

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..... ery from employee for usage of mobile bills) we are paying less service value and accordingly service tax thereon. Which should we taken as CENVAT CREDIT ?? Thanks.. Reply By Rajagopalan Ranganatha .....

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..... n: The Reply: Sir, You are eligible to take credit of whatever amount you pay towards service tax. If you pay the service tax indicated in the bill then you are eligible to take the same amount as .....

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..... credit. Actually service tax paid by the provider of the service is the eligible amount of credit. You can alter the service value but you cannot alter the service tax paid by the service provider.

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