Cenvat Credit
This query is : Resolved
29 April 2008
We want to take cenvat credit of service tax which we have paid in cash on input services taken by us in the month of July 07 ,Aug 07 ,Sept 07 ,Oct 07, Nov 07,Dec 07, Jan 08, Feb 08,Mar 08.
Can we Claim cenvat credit for above months on 1st April 2008 & utilise the same against excise duty payable on manufacturing of goods.
If yes can we take of all the months mention above or from which month we can take
Can we Claim cenvat credit for above months on 1st April 2008 & utilise the same against excise duty payable on manufacturing of goods.
If yes can we take of all the months mention above or from which month we can take
30 April 2008
yes u can take the credit
cenvat credit is indipensible
cenvat credit is indipensible
30 April 2008
Cenvat credit for the Input services can be taken, provided following conditions are satisfied.
1]take cenvat on 30/04/2008.
2]service tax components of the Bills for the mentioned months should have been paid. (on pro rata basis)
3]Please refer Rule 6 of cenvat credit rules,2004, if attracted.
1]take cenvat on 30/04/2008.
2]service tax components of the Bills for the mentioned months should have been paid. (on pro rata basis)
3]Please refer Rule 6 of cenvat credit rules,2004, if attracted.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Fixed Deposit Claim Relinquishment by the Nominee
- Defective Return - Tds on advance
- Income Type for interest from government bonds
- TCS ON SOFTWARE SALES
- Not a CA , can we prepare balance sheet
- Valuation of diamonds as on 01.04.2001
- What is meaning of merging of expenses or income in accounts
- Accounting treatment of write off sundry debtors
- Gstr 9 2023-24
- GSTR-9 HSN Summary and Credit Note without item
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- GST RCM not shown in GSTR-3B
- Bill from Dispatched from issue.
Trending Online Classes
-
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
Mr.Balamurugan Ranganathan15 November 2024
CAclubindia
