22 September 2012
can service tax credit of previous years be availed and utilized in current year if the same is not done in previous years. The same is shown as service tax credit in accounts of the company.
22 September 2012
IS SERVICE TAX INPUTCREDIT IS RELATED TO OUTPUT SERVICE OF LAST YAER AND INPUT CREDIT HAS BEEN SHOWN IN SERVICE TAX RETURN OF LAST YEAR, IF YES THEN YOU ARE ELIGIABLE.
22 September 2012
service tax credit is related to previous years which would be utilised for payment of excise duty. The credit amount has not been shown in service tax return or excise return (ER1)