24 September 2016
wrongly availed cenvat credit of input services but not utilized of input credit services whether in audit service tax department deduct wrongly availment of cenvat credit .whether i have to pay interest and reversal of cenvat credit also.please reply this answer,
Expert :
Anonymous
Expert :
Anonymous
(Expert)
25 September 2016
Dear User,
First u need to reverse the input credit further if u have not used that input credit in duty payable then no interest would be payable