Credit of tax under v.c.e.s scheme
This query is : Resolved
29 December 2013
can cenvat credit be booked for service tax paid under V.C.E.S scheme ??
29 December 2013
Hi Animesh!
VCES is a scheme wherein you may opt to declare your service tax liability which has not been discharged wihtin the specified due dates.
Thus, this is a scheme or arrangement whereby you opt to dischage your service tax under the payment programme proposed by the service tax department and getting with heavy penalty and interest.
Thus the normal provisions of the law shall prevail.
Hence, you may claim admissible cenvat credit on input services.
Regards,
VCES is a scheme wherein you may opt to declare your service tax liability which has not been discharged wihtin the specified due dates.
Thus, this is a scheme or arrangement whereby you opt to dischage your service tax under the payment programme proposed by the service tax department and getting with heavy penalty and interest.
Thus the normal provisions of the law shall prevail.
Hence, you may claim admissible cenvat credit on input services.
Regards,
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