TaxTMI 
TaxTMI 
Hello
We need to pay service tax from Oct-16 to Feb-17. There is a set off in the month of Feb-17. So is it correct to adjust the set off against our liability since Oct-16 & pay single challan of entire amount?
Please advise.
Thank you.
Service tax payment
22 Mar 2017 
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Input credit usage: future credits cannot discharge earlier service tax liabilities; interest applies when paying consolidated arrears.
Input credits accruing in a later month cannot be used to discharge earlier months' service tax liabilities; credits may be used for the month of accrual and any surplus carried forward, while aggregated payment in a single challan is permitted but interest is payable for delayed liabilities. (AI Summary)
Input credits accruing in a later month cannot be used to discharge earlier months' service tax liabilities; credits may be used for the month of accrual and any surplus carried forward, while aggregated payment in a single challan is permitted but interest is payable for delayed liabilities. (AI Summary)