22 April 2015
dear sir/madam i have not deposited any service tax from march-2014 now i want to pay service tax for first half year, but i have 48000 payable for march and april and for remaining four months i have credit balance of total 26000 so should i pay net amount(48k-26k)?
22 April 2015
Dear Pradip You can avail CENVAT credit to the period for which is is available to you, same also have to mentioned in return under CEVAT available and utilised.
It is better to pay service tax in separate challan for each quarter/ month as applicable.
CAclubindia
