Please let me know the credit rule for service tax from April 2011. Tell me the link also for the same which contains full details for the same....
CA Prabhat Gupta
(Manager (Indirect Taxes))
(821 Points)
Replied 20 December 2011
Credit of Service Tax is now allowed on receipt of invoice. The provisions relating to the same are contained in Notification No.13/2011 - CE(NT) dated 31.03.2011.
Link is given below:
https://www.cbec.gov.in/excise/cx-act/notfns-2k11/cx-nt2k11/cent13-2k11.htm
Suraj Agarwal
(Self Practitioner in Income Tax & GST)
(782 Points)
Replied 20 December 2011
yes, i agree with mr. prabhat.
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