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Input credit on service tax(cenvat credit on service tax)

This query is : Resolved 

05 September 2012 Dear CA Club Memebers,
My Query is that while paying the Liability of Service Tax (Output), Can I adjust Service Tax (Input) @12% - 30000, and I will not take education Cess @2% - 5000, SEC@1%- 300. This EDU Cess & SEC I will take afterwards. Whether the Rules allows me to take only the Service Tax 12% portion only.The Edu Cess & SEC I will take take afterwards.
Mine is the manufacturing activity.

11 September 2012 there is no bar in taking credit later of cess.

12 September 2012 Could you explain me again. Not getting clear about this

13 September 2012 You can take take credit of the education cess and Higher secondary education cess later after the period when the credit of service tax is taken. There is no legal bar.


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