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CENVAT OF SERVICE TAX

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..... A manufacturing company employs secruity guard on contract basis for its factory where manufacturing activities are carried out. Company is required to pay service tax on services of security guards on recepient basis. It discharges excise duty on its products manufactured in factory. Question is whether company can avail cenvat of service tax so paid on recepient basis against excise duty paya .....

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..... ble on excisble products manufactured. - Reply By Pradeep Khatri - The Reply = Dear S.C.Wadwa, Eligible, if in relation to manufacture or provision of taxable goods/services, modernization or repairs of factory or office, recruitment, storage, quality control, accounts, sales promotion, financing, computer networking. Regards, Team YAGAY and SUN (Management and Indirect Tax .....

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..... Consultants) - Reply By PAWAN KUMAR - The Reply = Dear Sir, Cenvat credit is eligible on security services provided by the security agencies as per the definition of rule 2(l) of Cenvat Credit Rules, 2004 . Read the latest rules in the Central Excise Manual of 2014-15. - Reply By KAMARAJ RENGARAJ - The Reply = The Cenvat credit on input services viz., security services paid under reve .....

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..... rse charge mechanism are eligible input and one can avail the service tax paid by the recipient (company) and also the portion of 25% paid by the service provider. - CENVAT OF SERVICE TAX - Query Started By: - S.C. WADHWA Dated:- 6-8-2014 Service Tax - Got 3 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxma .....

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

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