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Cenvat Credit

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..... Dear Sir, Cenvat Credit of service tax paid under reverse charge on legal services can be utilize against liability to pay service tax on renting of immovable property ? we are not output service provider nor manufacturer - Reply By Brijesh Verma - The Reply = You need to check whether legal services availed by you can satisfy the definition of being an "Input Service" for the output Servic .....

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..... e namely "Renting of Immovable Property" If yes, definitely you can adjust. - Reply By Rajat Jain - The Reply = Thanks for Reply... Whether legal services availed for proceeding against prospective buyers who default from their sales contracts are satisfy the definition of "Input Service"? whether upto the place of removal applicable in this case ? - Reply By Vaidyanathan Venkat Raman - Th .....

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..... e Reply = For availing service tax or input credit, one need to be registered either as a manufacturer, dealer or service provider. In the instant case, it seems you are neither a service provider nor a Manufacturer, as such I think credit is not eligible for you. When there is no credit, question of utilization does not arise. - Reply By Ashok Jogalekar - The Reply = If you are not a output se .....

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..... rvice provider then you are not eligible for CENVAT credit. But you are liable to pay service tax on the services received by you for which reverse charge basis service tax is applicable. - Cenvat Credit - Query Started By: - Rajat Jain Dated:- 26-11-2013 Service Tax - Got 4 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management I .....

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..... ndia - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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