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Service tax credit of previous year

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 October 2015 Dear experts
Can we claim ST credit of FY 2014-15, in FY 2015-16,

Plz clarify.
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praveen

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praveen (Expert)
15 October 2015 The change came wef 01.03.2015 that you can claim the service tax credit of past 1 year. Whether it is applicable retrospectively or prospectively is a matter of debate. Its better to claim and then fight it out with the department in absense of clear stand.
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Querist : Anonymous

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Querist : Anonymous (Querist)
15 October 2015 Sir plz, clarify the means of retrospectively and prospectively
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