Dear Sir,
The query is ;
01. Is Service receipient eligible to CENVAT credit of the tax paid under VCES scheme?.
02. Can CENVAT credit is eligibile for payments of taxe dues under VCES scheme?.
03. Can CENVAT credit be adjusted in making the declaration under VCES sCHEME?. Example : If have Rs. 3 laks liability and Rs. 1 lakh cenvat ia available in the books as same period of scheme, can I adjust and pay balance of Rs. 2 lakhs only?.
Please clarify?.
CAclubindia
