Service tax on Import of Service not deducted

Jagmohan Rawat (Querist) 02 May 2011 This query is : Resolved
Hi friends,

if service tax on import of service is not deducted from the the credit given to the party though service tax payment has been made by the service receiver (reverse charge case)on the gross value of the invoice. In such situation wether it will be considered sufficient compliance of the service tax provision. Kindly reply.

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R.Ramachandran (Expert) 03 May 2011
You cannot deduct any service tax paid by you from the invoice of the service provider. You have to pay only the gross value to the service provider. But you have to avail the cenvat credit of the service tax paid by you.

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