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Cut of date of cenvat credit of service tax input?

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Querist : Anonymous (Querist)
22 December 2011 closing balance of service tax input for the financial year for 2010-11 ,may we adjust with service tax output in 2011-12 & 2012-13 financial year?

22 December 2011 Yes, you can utilize the service tax input credit availed in FY 2010-11 for paying output tax liability for subsequent years.



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