Can a Service provider take Abatement with CENVAT Credit of input services?
If so please give the reference details
Thank you Very much
E.KALAIKOVAN (Sr. Accounts Manager ) (340 Points)
28 October 2016Can a Service provider take Abatement with CENVAT Credit of input services?
If so please give the reference details
Thank you Very much
E.KALAIKOVAN
(Sr. Accounts Manager )
(340 Points)
Replied 28 October 2016
From 01-04-2016 onwards CENVAT Credit is available with Abatement - as per the Notification no 26/2012 ST dated 20/06/2012 amended w.e.f 01-04-2016.
But in ST3 Return Error message came as
//V2SRC11 Abatement Notification No.{ 026/2012-S.T. } and Serial No.{ 10 } is not applicable to the Service//
What why I have doubts