Input tax credit
This query is : Resolved
20 January 2016
Hi
Can we avail input credit of services if we are registred under service tax as turnover cross 9 lac but not 10 lac and we are not charging serive tax from customer
Can we avail input credit of services if we are registred under service tax as turnover cross 9 lac but not 10 lac and we are not charging serive tax from customer
20 January 2016
No you can not avail cenvat
20 January 2016
Once you have registered you have to collect service tax, input credit can be availed once you start collecting service tax .I.e from the date of registration.
21 January 2016
No registration is not the requirement of availing cenvat but the condition of nn 33/2012 to not avail cenvat if availing exemption
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