Prasad (Sr. Manager) (617 Points)
25 April 2011Dear Members
During the filing of service tax returns, came up with a situation. here it goes
As an exporter of services, In the previous return period (Apr- Sep) we had balance Input credit, however during Nov we decided to claim refund against some of the input credit balances. now my question is where the amounts claimed as refund should be deducted from the balance of Input credit.
Regards
Prasad
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 25 April 2011
How one can claim service tax refund in cash?
if you have claimed it in exports then its reduced, but cash refund is not possible other than exports,
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