Cenvat credit
This query is : Resolved
11 May 2012
IF IN CASE OF COMPANY PAYMENT OF SERVICETAX IS NOT MADE IN JANUARY,FEBRUARY & MARCH. NOW, THERE IS CENVAT CREDIT AVAILABLE FOR THE TELEPHONE BILL IN MARCH. SO, CAN WE UTILISE SUCH CREDIT OF MARCH CENVAT FOR SERVICE TAX ON BILLS RAISED IN JANUARY OR FEBRUARY?
11 May 2012
Dear Friend, According to CENVAT Credit rules, you can utilize the credit earned during the month against the liability of tax payment. The CENVAT Credit of previous month is to be utilized in the same month. Thanks
11 May 2012
so, whether we can take the credit of march in the month of January?
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
- ITR 2 Short Term gain & Long term gain
- Reporting Income under Section 44ADA
- Itr 1 processing
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- ITR returnFY25-26
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Query regarding TDS on EPFO Higher Pension Arrears*
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
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
