Which amount can be taken as CENVAT CREDIT ??

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Sir, We have received 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 contrac .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... t or partly recovery 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 Ra .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... jagopalan Ranganathan - 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 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... to take the same amount as 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 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... by the service provider. - Which amount can be taken as CENVAT CREDIT ?? - Query Started By: - hardik thacker Dated:- 28-9-2015 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowled .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X