utilisation of unulitised cenvat credit

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Shweta (Querist)
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17 October 2008
Dear All

A Pvt Ltd Co. is registered under service tax. The head office of the company is in delhi.The company has unutilised cenvat credit of Rs. 10,00,000.

The company has also taken a service tax number in mumbai.and providing service, but the co. is no where registered under R.O.C
now the company wants to change its registered office from delhi to mumbai for which petition is filed in court.

So How should a company utilise its unutilised cenvat credit.

Plz state sections and rules also so that the answer can be proved
NOTE:
As per Rule 10 of cenvat credit rules,can we say THIS A MERGER?

thx.

Shweta

Shweta

Shweta (Querist)
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17 October 2008 a

Shweta

Shweta (Querist)
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17 October 2008 the query is still to be answered

S.Srinivasaraghavan

S.Srinivasaraghavan (Expert)
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18 October 2008 Unutilised service tax lying where?

Shweta

Shweta (Querist)
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18 October 2008 uutilised credit is in delhi

Shweta

Shweta (Querist)
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18 October 2008 uutilised credit is in delhi

CA. Mahesh Agarwal

CA. Mahesh Agarwal (Expert)
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08 December 2008 this is no merger only transfer of registered office from delhi to mumbai because company is the same.
do apply for service tax under central registration if possible otherwise un-utilized ST can not be used.

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