Can Cenvat credit be carried forward to next FY.
Can Cenvat Credit against one Service / Head be adjusted against another Service / Head.
Eg can the service tax paid on Tel bill be adjusted against the stax collected towards training, wherein the business of the company is training and coaching.
Please clarify the above.
Thanks
YES TO BOTH Q U ASKED...SUBJECTTO CENVAT CREDIT RULES,2004 
Vardhaman Group of India
Pimpri Chinchwad
CA Inter
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Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
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SMJ global advisors pvt ltd
New Delhi
B.Com
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CAclubindia
