Rule 4(7) of cenvat credit

This query is : Resolved 

29 September 2015 In case of reverse charge mechanism, ccr can be taken on payment of service tax only. But is such credit need to be paid back if payment of value of service not made within 3 months by applying second proviso of rule 4(7)?

06 October 2015 Yes, you can reverse the same if services has not been provided.



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