Credit on advance payment
This query is : Resolved
15 December 2012
Dear Sir,
Whether we can avail service tax credit on advance payment, even we have not received services.
Regards,
Priyank Jain
Whether we can avail service tax credit on advance payment, even we have not received services.
Regards,
Priyank Jain
16 December 2012
Hi Priyank,
The CENVAT is allowed on or after the day when you receive the invoice/bill/challan.
Ask from your service provider to give invoice for the advance payment to book the credit.
Thanks
The CENVAT is allowed on or after the day when you receive the invoice/bill/challan.
Ask from your service provider to give invoice for the advance payment to book the credit.
Thanks
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