banner_ad

Itc on service tax

This query is : Resolved 
Profile Image

Profile Image

(Querist)
31 July 2012 Sir/Ma'am,
Can ITC on service tax be claimed in the current year on the service tax paid on the services taken in the previous year even if the organisation was not registered for the service tax in the previous year and got itself registered in the current year??

Please reply ASAP.
Thank you.
Profile Image

Vicky Khiyani

Profile Image

Vicky Khiyani (Querist)
31 July 2012 Sorry for the language being so complicated, but that's what law is all about, please give a part of your precious time to answer..
Profile Image

CA Amit Jaiswal

Profile Image

CA Amit Jaiswal (Expert)
31 July 2012 As last year you were not registered under Service Tax, you must have booked all the amt (incl service tax) as as expense and debited to P&L A/c.
So, there should be no amt lying in Cenvat Receivable A/c.

As you were not regd and also there is no amt lying as CENVAT credit in your books, there is no question of claiming the credit.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details