Service tax-input
This query is : Resolved
26 August 2012
We are depositing Service tax on accrual basis. Can I claim input service tax on invoices issued by our suppliers on accrual basis or first We have to pay all bill amount then I have to claim service tax?
Thanks
Thanks
26 August 2012
The input service invoices are eligible forCENVAT benefit only after payment. The accrual basis is the correct procedure for output tax.
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