Input credit for service tax
This query is : Resolved
arihant jain
(Querist)
26 June 2013
there is a service which become taxable from 1st July 2012 and client received the service on monthly basis and invoice was received by the client on 31st march 2013 and he has to still make the payment for that invoice...
can he take input credit for this service now ?
can he take input credit for this service now ?
CA Vikas Acharya
(Expert)
29 June 2013
yes after making payment of service and service tax both... he can take the credit.
as per 4(7) of cenvat credit rules.
as per 4(7) of cenvat credit rules.
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