banner_ad

DIFFERENCE

This query is : Resolved 
Profile Image

Profile Image

(Querist)
10 March 2009 I HAVE A QUERY ABOUT WHAT IS THE DIFFERENCE BETWEEN THE CREDIT TAKEN AND UTILISED IN SERVICE TAX FORM ST-3.
Profile Image

Rajesh Kumar

Profile Image

Rajesh Kumar (Expert)
11 March 2009 The terms are difficult to define. Normally i do not try to define these terms. I remember that we have not been able to define the terms such as "law" or "manufacture" or "service".
It looks like it means taking book entry of credit is taken and utilising it for payment of duty is to utilise. I take support from Cenvat credit rules where these terms has been used in this sense- one rule for taking credit, another for utilising credit.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
07 May 2026
CA Assistant

amit desai and co

Mumbai

CA Final

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details