Hi,
A company has registered with service tax only on April 2013. It has collected output service tax in the yr 2012-13. Can I take input service tax for that yr even though the cmpany is not registered.
Thanks in advance...
sanjana.r (Student CA Final ) (135 Points)
27 December 2013Hi,
A company has registered with service tax only on April 2013. It has collected output service tax in the yr 2012-13. Can I take input service tax for that yr even though the cmpany is not registered.
Thanks in advance...
Senu Reddy
(ca final)
(291 Points)
Replied 27 December 2013
Eligibility of Cenvat Credit
No time limit for availing Cenvat Credit – can be taken even after 3-4 years (delay should be for bona fide reasons)
Registration and Eligibility of Cenvat Credit are independent issues – Credit prior to registration can be availed (if otherwise eligible)