Cenvat credit query

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I received a service current financial year. But if I pay service tax in the next financial year, can i claim the cenvat credit in next year.

Replies (3)

Dear Dharmik,

Yes u r rite cenvat credit in respect of service tax can be availed only after payment of such service along with service tax..i:e in next year in ur example

agree with Mr.Amir...

Cenvat credit in respect of service tax can be availed only after payment of such service along with service tax

In addtion the service should be one eligible as that which is used to provide taxable services liable to ST.

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