Urgent query-VCES cenvat credit utilisation
(Guest)
5 Replies
Nirav Worah
(CHARTERED ACCOUNTANT)
(396 Points)
Replied 26 June 2013
No, the assesse cannot utilise cenvat credit to pay service tax liability under amnesty scheme.
But the assesse may avail the cenvat credit for such period and utilise it against current service tax liability. However, it is prone to litigation.
Amar
(Business)
(89 Points)
Replied 26 June 2013
please read this, it will be helpfull to u
Attached File : 155889 1193018 amnestyschemeservicetax2013 130514204645 phpapp02.pdf downloaded: 284 times
Nirav Worah
(CHARTERED ACCOUNTANT)
(396 Points)
Replied 27 June 2013
yup, but as I said it is prone litigation
pavan tahasildar
(service)
(30 Points)
Replied 27 July 2013
if service provider is ready to pay agst collecting from service reciver for previous year 2011 to 2013
can service reciver is eligible for cenvat credit
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