Servuce-tax credit

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CA Milap Mehta (Querist)
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26 June 2009 If a party who issues invoice with the amount of service-tax but he is not paying it then can other party take credit against such service-tax payment?..

CA. BIJENDER KR. BANSAL

CA. BIJENDER KR. BANSAL (Expert)
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26 June 2009 Service tax credit is taken by the Party who the receives the service after the payment made to service provider.
He can take service tax credit irrespective of that service tax is deposited by the service provider.
i.e IF the service receiver has been made payment to service provider and then he can take service tax credit.

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