Cenvat of invoices pertaning to f.y. 2011-12
This query is : Resolved
CA Anchal Goel
(Querist)
27 July 2012
Hi,
Mine is an advertising company. In last year we had taken services from yahoo & google and they had chaged service tax on Invoices.
In the Service Tax return for the period ending March 12 we had not given details for Cenvat Credit of these Bills.
we want to avail that credit in Current Year. Can we do so( The Cenvat receivable figure is coming in our Balance sheet for period ending March 12).
My consultant is saying no but in my last company we used to claim the cenvat.
If yes please provide me the relevant section.
Thanks & Regards,
Ca Anchal Goel
Mine is an advertising company. In last year we had taken services from yahoo & google and they had chaged service tax on Invoices.
In the Service Tax return for the period ending March 12 we had not given details for Cenvat Credit of these Bills.
we want to avail that credit in Current Year. Can we do so( The Cenvat receivable figure is coming in our Balance sheet for period ending March 12).
My consultant is saying no but in my last company we used to claim the cenvat.
If yes please provide me the relevant section.
Thanks & Regards,
Ca Anchal Goel
CA.Sourabh Sethia
(Expert)
28 July 2012
yes you can
but as per safeguard line you should claim the bills within six months
but as per safeguard line you should claim the bills within six months
CA Anchal Goel
(Querist)
30 July 2012
Thanks Sourabh. Can you please share the section under which it is allowed.
Dhirajlal Rambhia
(Expert)
25 July 2023
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