Cenvat on payment of service tax

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
16 April 2012 A service provider has received the telephone bill dated 6th April 2012. Billing period is 5th March to 4th April 2012. Payment is made on 15th April 2012. Can the service provider claim CENVAT on proportionate basis for March 12 and April 12 OR the entire credit is to be claimed in April 12.

17 April 2012 As per amendments by Finance Act, 2011, now credit in respect of input service is allowed on receipt of invoice (previously it was allowed only after making payment). But since you have received invoice in April 2012 credit can be claimed only in april 2012 and not in March 2012

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
17 April 2012 Thanks a lot.

Best Regards

17 April 2012 Nikhil is correct and I agree with him in this matter


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
14 July 2026
Senior Executive/ Manager

H S SHARMA AND CO

Pune

CA Final

View Details
Company
ARTICLESHIP 14 July 2026
Article Assistants

R Shyam and Associates

New Delhi

CA Final

View Details
Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details
Company
22 July 2026
Senior Chartered Accountant

SKSS

Patna

CA

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details