Service tax

SIR,

 

IN A COMPANY, SERVICE TAX INPUT IS MORE THAN SERVICE TAX OUTPUT EVERY MONTH... IF THE COMPANY TAKES INPUT OF SERVICE TAX THEN A HUGE SERVICE TAX INPUT WILL BE ACCUMULATED AFTER SOME MONTHS..

1 WHETHER IT CAN TAKE INPUT OF PARTIAL BILLS 

 

OR

2  WHETHER IT CAN STOP TAKING INPUT AFTER FEW MONTHS OR CURRENT FINANCIAL YEAR

 

THANKS IN ADVANCE

Replies (1)

The company should continue to carry forward accumulated cenvat credit.

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