Can input credit set off be adjusted against service tax pay
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 September 2014
Pls explain if there is sufficient balance in Input Service Tax of Apr14 to July,14. Can be adjustes/set off against service Tax payable under RCM.
07 September 2014
RCM is applicable by the virtue of Sec 68 and hence, should be paid in cash only
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