Dear Members
During the filing of service tax returns, came up with a situation. here it goes
As an exporter of services, In the previous return period (Apr- Sep) we had balance Input credit, however during Nov we decided to claim refund against some of the input credit balances. now my question is where the amounts claimed as refund should be deducted from the balance of Input credit.
Regards
Prasad
CAclubindia
