Input credit
This query is : Resolved
VINITHA RAJESH
(Querist)
09 December 2009
A company is having service tax input credits during every month. But there is no output service tax payable for the corresponding months. Later the ST liability arises. Can they claim the input credit of earlier months while considering the amount to be payable. If yes, how many months credit can be considered.
CA.Hanumantha Reddy
(Expert)
09 December 2009
Yes, if the company has been registered under service tax provisions and providing taxable services.
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