Query:- A Service provider, has not yet been finalised the Accounts for the financial year 2013-14. Now the Service Provider wants pay the Service tax liability for the financial year 2013-14 and also wants claim the input tax credit for Service tax paid on Purchases for the financial year 2013-14. Now the Organisation is loss making . Please suggest how to deal with such situation.
Menu
Service tax input credt
Replies (1)
Maximum period for availing CENVAT Credit is one year. So avail CENVAT Credit accordingly and then adjust it with the service tax payable and pay the net amount through Bank.
Recent Threads
- Longterm Capital gain exemption on sale of residen
- Purchase of second hand spares to machineries
- GST INPUT CREDIT ON EFFULENT TREATMENT FEE
- EXCESS AMOUBT SHOWN IN GSTR 3B (OCT, 2025)
- EMPOWER EMPLOYEES THROUGH TRAINING TO ACHIEVE ORGA
- Excess Sale amount reported and filled in GSTR 3B
- GST on forfeiture of advance received for sale of
- ITC can be taken or not?
- Land Sales, Interest on SB and Deposits Not Shown
- Is this true related to Sanchar Saathi App Permiss
Related Threads
CAclubindia
