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Service tax set off

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 July 2012 Can Service Tax Set off amount carry forward to next financial year?
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RENGARAJ R.K

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RENGARAJ R.K (Expert)
04 July 2012 Yes, the unadjusted cenvat credit available at the end of the financial year can be carried forward to the next year for setting off the service tax output tax.
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C.A Anshul Singhal

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C.A Anshul Singhal (Expert)
04 July 2012 YES SERVICE TAX CENVAT CREDIT CAN SET OFF NEXT YEAR SERVICE TAX OUTPUT TAX .
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