Can anybody tell me that what is the limitation of claiming service tax credit backwards?
Smitanshu Karekar (Chartered Accountant) (26 Points)
29 December 2009Can anybody tell me that what is the limitation of claiming service tax credit backwards?
shailendra
(C.A. FINAL)
(189 Points)
Replied 30 December 2009
HI Smitanshu,
In this query you mean to say that service tax has been paid in a particular financial year and within what limit of time you are supposed to take the credit.
If this is the question then there is no time limit given for it. It is written in Cenvat credit Rules that you can take the credit at any time therefafter.
If your query means something else, the please specify.
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