service tax input credit
This query is : Resolved
11 June 2009
Dear All,
I am working in an IT enabled service provider organisation.We provide AMC & maintainance services to customers.
While making monthly payment of service tax, we adjust input service tax paid & pay net amount.However there is one problem i am facing that service tax input paid on services like telephone, communication, banking & finance , transportaion,repairs & maintainance etc. is more than service tax collected .
Now question arises that should we pay service tax for the particular month or claim for refund ?
I am working in an IT enabled service provider organisation.We provide AMC & maintainance services to customers.
While making monthly payment of service tax, we adjust input service tax paid & pay net amount.However there is one problem i am facing that service tax input paid on services like telephone, communication, banking & finance , transportaion,repairs & maintainance etc. is more than service tax collected .
Now question arises that should we pay service tax for the particular month or claim for refund ?
Shyam Lal Naik
(Expert)
11 June 2009
There is no provision for claiming refund of unutilised Cenvat.
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
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Unable to File TDS Q2 Return – New TRACES Portal Error
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- EPF ECR NEW RULES Sep 17th 2026
- Taxation of crypto futures in India Fy 2026- 2027
- Transfer of Physical Stock Between Two Proprietorship Concerns
- 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?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
