Claiming deduction

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

30 March 2012 Hi,

When can I claim deduction under Service Tax:

1.When I receive Invoice from the dealer twds. services received or
2.When I make the payment of the Invoice.

Thanks

PUNEET GOYAL

PUNEET GOYAL (Expert)
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30 March 2012 As per Rule 4(7) of CENVAT Credit Rules, 2004, you can take credit in respect of input services on or after the day invoice etc received subject to the condition that you have to make payment of same within 3 months from the date of invoice.

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