Service tax credit of previous years
This query is : Resolved
22 September 2012
can service tax credit of previous years be availed and utilized in current year if the same is not done in previous years. The same is shown as service tax credit in accounts of the company.
CA Navin Jain
(Expert)
22 September 2012
IS SERVICE TAX INPUTCREDIT IS RELATED TO OUTPUT SERVICE OF LAST YAER AND INPUT CREDIT HAS BEEN SHOWN IN SERVICE TAX RETURN OF LAST YEAR, IF YES THEN YOU ARE ELIGIABLE.
Message likes :
3 times
22 September 2012
service tax credit is related to previous years which would be utilised for payment of excise duty. The credit amount has not been shown in service tax return or excise return (ER1)
CA Navin Jain
(Expert)
22 September 2012
IF YOU NOT SHOW THE INPUT CREDIT IN THE RETUEN TN HOW YOU CAN TAKE THE CREDIT IT.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Accounting treatment of AMC alongwith the purchase of Laptop
- Capital Gail Exemption Certificate
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- Transfer of Physical Stock Between Two Proprietorship Concerns
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
