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Service tax credit

This query is : Resolved 

12 November 2012 sir i wants to know that when we have to take cenvat credit for input services after making payment or after bill booking?

12 November 2012 HI

You can take credit on the basis receipt of invoice however you have to make payment against invoice in 3 months else you have to reverse cenvat credit.

Thanks//Vaibhav
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