We have a client who has provided a service in the month of July and didnot pay tax thereon. In the subsequent months i.e. August and September assessee receives a service and pays service tax.
The Assessee has paid service tax in October for the month of July after deducting the Amount of service tax paid in the month of August and September(CENVAT). IS THIS CENVAT UTILISATION OF SUSBSEQUENT MONTHS PERMISSIBLE? Will assessee will pay the CENVAT credit availed??
Is there any provision for availing the CENVAT when we pay the serice tax late?? What About Interest???
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