TMI BlogService Tax Reverse ChargeX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, We are running EOU unit manufacturing Electronic Coils and Transformers at Chennai. We need following clarification from you. Please do the needful. 1.We are having surplus credit in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... our book, please advise can we adjust this credit against the service tax payable as Recipient. 2. Can we get refund of this excess credit (Both Excise and Service Tax) from central Excise department ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . Regards Abdulrazack Basha 9941901251 - Reply By MARIAPPAN GOVINDARAJAN - The Reply = Dear Sir, The service tax in reverse charge mechanism is to be discharged only by cash payment not by ad ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... justing the CENVAT credit. You can get the refund as per the provisions in CENVAT Credit Rules, 2004 . Regards, M. Govindarajan - Reply By Ashish Chaudhary - The Reply = 1. Service Tax li ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ability arising under Reverse Charge cannot be paid by utilising balance in Cenvat Credit. 2. Refund can be claimed for input and input services which are used in the manufacture of excisable goods e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xported from India. - Reply By Abdul Razack Basha - The Reply = Thank you - Service Tax Reverse Charge - Query Started By: - Abdul Razack Basha Dated:- 4-4-2014 Service Tax - Got 3 Replies - Servi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ce Tax - Discussion Forum - Knowledge 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 X X X X Extracts X X X X
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