Credit on advance payment
This query is : Resolved
15 December 2012
Dear Sir,
Whether we can avail service tax credit on advance payment, even we have not received services.
Regards,
Priyank Jain
Whether we can avail service tax credit on advance payment, even we have not received services.
Regards,
Priyank Jain
16 December 2012
Hi Priyank,
The CENVAT is allowed on or after the day when you receive the invoice/bill/challan.
Ask from your service provider to give invoice for the advance payment to book the credit.
Thanks
The CENVAT is allowed on or after the day when you receive the invoice/bill/challan.
Ask from your service provider to give invoice for the advance payment to book the credit.
Thanks
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
- GSTR-1A How to update Invoice
- Excess salary payment.
- TDS on Purchase of Immovable Property by NRI from NRI
- Stamp Paper for partnership firm change new income tax 2025
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- SFT Cash Deposit in Current Account
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
