Cenvat Credit
This query is : Resolved
29 April 2008
We want to take cenvat credit of service tax which we have paid in cash on input services taken by us in the month of July 07 ,Aug 07 ,Sept 07 ,Oct 07, Nov 07,Dec 07, Jan 08, Feb 08,Mar 08.
Can we Claim cenvat credit for above months on 1st April 2008 & utilise the same against excise duty payable on manufacturing of goods.
If yes can we take of all the months mention above or from which month we can take
Can we Claim cenvat credit for above months on 1st April 2008 & utilise the same against excise duty payable on manufacturing of goods.
If yes can we take of all the months mention above or from which month we can take
30 April 2008
yes u can take the credit
cenvat credit is indipensible
cenvat credit is indipensible
30 April 2008
Cenvat credit for the Input services can be taken, provided following conditions are satisfied.
1]take cenvat on 30/04/2008.
2]service tax components of the Bills for the mentioned months should have been paid. (on pro rata basis)
3]Please refer Rule 6 of cenvat credit rules,2004, if attracted.
1]take cenvat on 30/04/2008.
2]service tax components of the Bills for the mentioned months should have been paid. (on pro rata basis)
3]Please refer Rule 6 of cenvat credit rules,2004, if attracted.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Carriage Road Act, 2007 read with Carriage by Road Rules, 2011
- Same demand raised for original as well as rectification request return
- Sale of property held jointly with a non resident Indian
- RELATED TO TRIBUNAL APPEAL
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- ITR 4 and Bank transactions
- IS AUDIT MANDATORY IF COMMISSION INCOME IS MORE THAN 50 LAKH
- Difference between Date of Payment and Date of Deduction?
- Journal entry of busniess expenses
- Cash balance limit and property purchases limit
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
