Dear all,
If an assessee has paid serice tax on input services taken for a project that is to be commenced in 2016, can it ask for refund of the same on quarterly basis in current year, as it has not started providing services or manufacturing product?
Please advise as soon as possible.
Thanks
Please see the defenition of Input Service as per rule 2(l) of CENVAT Credit Rules,2004.
"input service" means any service,—
(i) used by a provider of output service for providing an output service; or
(ii) used by a manufacturer, whether directly or indirectly, in or in relation to the manufacture of final products and clearance of final products upto the place of removal.
To qualify as an input service the assesse should provide any output service or manufacture goods.
No refund can be claimed.
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