Sercie tax - Reversal of CENVAT Credit

Dear  Friends

please help me for this problem

How to show the reversal of CENVAT credit (opening balnace) in service tax ST - 3 Return.

Replies (1)

opening balance reversal means u have opted to exit from cenvat credit, from 1st april of the year. 

 

just put zero in opening balance and select the exemption notification, 

its not reversal , its lapse of unutilized credit in new year. 

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