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
How one can claim service tax refund in cash?
if you have claimed it in exports then its reduced, but cash refund is not possible other than exports,
Vardhaman Group of India
Pimpri Chinchwad
CA Inter
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Aggarwal Sarawagi and Co
New Delhi
CA
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Karia Overseas
Ahmedabad
CA
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CAclubindia
