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Cenvat credit

This query is : Resolved 
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(Querist)
07 November 2014 Sir, whether it is compulsory to take credit of service tax paid or not
If not, then the whole amount (inclusive of service tax )should be debited to P&La/c
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Ganeshbabu K

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Ganeshbabu K (Expert)
07 November 2014 Yes,

If credit not taken due to ineligible or other reason you may debit the same to profit and loss account

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