Input credit

This query is : Resolved 

16 November 2011 R/sir

from 01-07-2011 Service Tax is payable on Bill basis instead of receipt basis.
my query is may i get input credit / cenvat on bill i recd. on 30/08/2011 but i have not paid payment to advertising co. till date. I m also in the bussiness of advertising

16 November 2011 In my opinion one should get the credit of service tax even on unpaid bills

16 November 2011 Yes, Now you will get Credit of That Invoice.




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