Service tax input credit

Queries 191 views 2 replies

Suppose Output liability for Oct'15 after adjusting Input Credit during Oct'15 is paid after payment due date (07.11.15) / even after due date for filing half yearly returns (25.04.16), will the Assessee elgible for availing & adjusting Input Credit whenever the payment for Oct'15 is paid?

 

Thanks.

Replies (2)

YES IT IS AVAILABLE WHEN IT IS PAID SUBJECT TO 90 DAYS PAYMENT

Thanks Vipin.

Could you plz let me know under which section the 90 days payment option is covered.


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