Cenvat for last 5 years service tax payment

Dear Sir,

We are subsidiary company, while service tax department contact the audit to our holding company service tax department raise the demand to our holding company around 7 laks related to debit note raised to us for pasted 5 years now our holding company ask the 7laks of service tax from us through Debit note and they (holding company) said take the cenvat in our subsequent month payments.

My question is

1. Can we take the cenvat for above payment? if Yes or No kindly provide the details

2.What is the definition of  “Suppression of facts”?

Replies (2)

If there is no suppression of facts or wilfull mistatement etc. , limitation will apply and they are not liable to pay tax for five years but only for 18 months. You will not be eligible for the cenvat credit for the extended period of limiation once they admit and pay tax for five years. Pl. read Rule 9(1) (bb) of CCR.

Dear Sir,

Kindly say, Whether we take the cenvat or not, if no pls provide the section/rules details

with regards

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
ARTICLESHIP 26 August 2026
CA Article Assistant/CA Drop Out/Accounts Executive

PARV & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
19 August 2026
Chartered Accountant - Financial Consolidation & Reporting

Synergy Keystone

Mumbai

CA

View Details