Credit of tax under v.c.e.s scheme
This query is : Resolved
29 December 2013
can cenvat credit be booked for service tax paid under V.C.E.S scheme ??
29 December 2013
Hi Animesh!
VCES is a scheme wherein you may opt to declare your service tax liability which has not been discharged wihtin the specified due dates.
Thus, this is a scheme or arrangement whereby you opt to dischage your service tax under the payment programme proposed by the service tax department and getting with heavy penalty and interest.
Thus the normal provisions of the law shall prevail.
Hence, you may claim admissible cenvat credit on input services.
Regards,
VCES is a scheme wherein you may opt to declare your service tax liability which has not been discharged wihtin the specified due dates.
Thus, this is a scheme or arrangement whereby you opt to dischage your service tax under the payment programme proposed by the service tax department and getting with heavy penalty and interest.
Thus the normal provisions of the law shall prevail.
Hence, you may claim admissible cenvat credit on input services.
Regards,
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
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Capital gain consideration
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
Trending Online Classes
CAclubindia
