Can Cenvat credit be carried forward to next FY.
Can Cenvat Credit against one Service / Head be adjusted against another Service / Head.
Eg can the service tax paid on Tel bill be adjusted against the stax collected towards training, wherein the business of the company is training and coaching.
Please clarify the above.
Thanks
YES TO BOTH Q U ASKED...SUBJECTTO CENVAT CREDIT RULES,2004 
R P S K & Associates
Nashik
CA Inter
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Vardhaman Group of India
Pimpri Chinchwad
CA Inter
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T R SOOD & CO
New Delhi
CA Inter
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CAclubindia
