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In case of private limited company,service tax credit

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(Querist)
17 July 2012 in ase of pvt ltd service tax credit is taken in monthly basis ? in month of april & may service tax excess can adjusted against june month service tax liabilities
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VIPUL SHAH

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VIPUL SHAH (Expert)
18 July 2012 If there is excess of service tax input then payable, it can be adjusted in next month

Service tax credit, if other wise not available, never lapse. However credit must be utilised with in reasonable time

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