Invoice value is 10 lack & now paid only 6 lac, can we avail the service tax credit on 6 lack ?
Balance amount of 4 lac paid in next few month after that can we avail on service tax credit on 4 lack on same Invoice (xerox copy) ?
jitesh (Excise officer) (83 Points)
15 July 2011Invoice value is 10 lack & now paid only 6 lac, can we avail the service tax credit on 6 lack ?
Balance amount of 4 lac paid in next few month after that can we avail on service tax credit on 4 lack on same Invoice (xerox copy) ?
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 16 July 2011
right now after 1st july input credit is available on receipt of invoice.
Pinky Agarwal
(Chartered Accountant)
(426 Points)
Replied 16 July 2011
Originally posted by : U S Sharma | ||
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right now after 1st july input credit is available on receipt of invoice. |
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Sir plsss give the notification no, where it is given.. If any???
CA Unnikrishnan Nair N
(Chartered Accountant)
(2083 Points)
Replied 16 July 2011
See the sub-rule 7 to Rule 4 of CCR as substitited w.e.f.01-04-2011.
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