Input tax credit for real estate agent services

1) The Service Tax Input Credit on Advertising and Computer Maintainence can be availed.

2) The Service Tax Input Credit can be carried forward to the next period during which Commission is received. Thus, the service tax liability shall reduce to the extent of the Service Tax Input claimed.

Regards,

Devendra Kulkarni

Originally posted by : Devendra
	2) The Service Tax Input Credit can be carried forward to the next period during which Commission is received. Thus, the service tax liability shall reduce to the extent of the Service Tax Input claimed.

Correct. But what if I have filed a complete 'NIL' return for the quarter APril to June 2012 in which I had paid for these expenses and service tax on the same(Advertising and Computer Maintenance)? Can I still take the credit by showing input credit in the next period even though they were incurred previously?

i think that if cenvat credit not shown in return filed.

you will not be able to get credit is subsequent period. 

If you have filed a NIL Return for the April - June 12 Quarter, then it is not possible to carry forrward the Service Tax Inpt Credit.

Regards,

Devendra Kulkarni