Service Tax Input credit.
This query is : Resolved
31 March 2008
how is the utilisation of service tax credit.? can it be availed only if the expense is paid? Or can I avail service tax input credit as soon as the invoice received even if payment is not made.?
Sanjeev Kumar Sharma
(Expert)
31 March 2008
service tax input only be taken after made the payment for the same only
CA. Kirti S. Ganatra
(Expert)
31 March 2008
Yes only on payment basis
MANAS ROUT
(Expert)
31 March 2008
after payment of the expenses on which you want to claim the input.
31 March 2008
U claim the input credit in respect of taxes paid by u. so, even though the basis for claiming tax credit is "invoice", u can claim credit on actual payment only
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