service tax
This query is : Resolved
Mandan Mishra
(Querist)
21 September 2009
how to utilise of Input service tax credit in following case
if the part payment is made in advance (month january,09) and bill received (march,09) and balance payment is made in the March,09. please guide in which month crdit will be utilised?
thanxs in advance
if the part payment is made in advance (month january,09) and bill received (march,09) and balance payment is made in the March,09. please guide in which month crdit will be utilised?
thanxs in advance
CA.Hanumantha Reddy
(Expert)
21 September 2009
Input service credit is taken based on payment basis. In this regard, the part paid as an advance can be utlised in Jan 09 and balance amount, paid in March 09,in March 09.
Murtaza I Bhagat
(Expert)
21 September 2009
How it Calculate ?
Thanks in Advance
Thanks in Advance
Vishnu Saboo
(Expert)
03 January 2010
Expert is right
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