Cenvat of service tax

vaibhav (CA & CS) (577 Points)

30 June 2013  

Dear All,

when can Service tax cenvat credit be claimed ...... on booking or payment basis.

Suppose i booked a bill of Rs 1 Lakh for audit fees in DEC 12 and made the payment in June 13 .......so when i can take the benefit of CENVAT...... in dec 12 or June 13.