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Can we utilize credit amt in next year?

This query is : Resolved 
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(Querist)
14 June 2009 Thanks in advance,

We have manufacturing unit Also we provide services against repairs & maintenace and so we collect service tax on it. As per our ST returns we have Rs30,000 credit as on 31.03.2009 (2008-09).

i would like to know can we utilised this amount to pay Cenvat in this year (2009-10)

Plz guide us

regards
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SIDDHARTHA SANKAR ROY

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SIDDHARTHA SANKAR ROY (Expert)
14 June 2009 Yes, you can utilise the amount in 2009-10.
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