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Input Credit

This query is : Resolved 
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(Querist)
02 February 2010 Dear All,

There is difference in opening balance of the input credit in tally and service tax returns. I want to know in what way this will affect the company?
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Madhukar N Hiregange

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Madhukar N Hiregange (Expert)
03 February 2010 The IAP/ AG audit party would look at the same.
If Tally is more then the company maybe losing eligible credit.
If tally is less there maybe a demand on the co.
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