Iyappan R (Manager Accounts) (53 Points)
21 December 2013Dear sir,
We are having manufacturing industry, we are paid the Service tax amount (75%abatement) balance 25 % only we have paid duty,
now we have eligible for take the Cenvat Credit of the Service Tax paid amount?
Please Help in this regards,
R.Iyappan
9894818701
Arun Kumar Singh
(GST Advocate)
(15220 Points)
Replied 21 December 2013
Yes, you can take the cenvat credit after payment of duty.
Manoj Agarwal
(Service Tax Consultant Rourkela ServiceTaxExpert@yahoo.com)
(3456 Points)
Replied 21 December 2013
Ravindra Singh
(Article Assistant)
(88 Points)
Replied 21 December 2013
sir, i want to ask a query related to VCES, 2013, If we deposited the tax dues amount before submitting the VCES-1 to designated authority, now can we take the claim of deposited amount in VCES scheme?? plz tell me sir
Manoj Agarwal
(Service Tax Consultant Rourkela ServiceTaxExpert@yahoo.com)
(3456 Points)
Replied 21 December 2013
@ Ravinder If the payment was made on or after 13-05-2013 when the VCES came into effect, the same can be claimed as payment of 'tax dues' under VCES even if the declaration is made afterwards.
CA KARAN MAINI
(Practising CA)
(106 Points)
Replied 23 December 2013
CAclubindia
