Monthly Filing of GAR-7

[Shrikant Bhat]

In case of preparing ST monthly payments can we take previous month service tax input credit? for example ST Regi on 11/10/2010, no service tax collection made on that month and in next month we collected service tax on our sales bill, can we set of input credit set of with previous month input with current month out put service tax while preparing GAR-7........pls confir as early as possible .. thanks

AI Summary

Service Tax Input Credit Can Be Used Within Same Half-Year Period for Monthly Payments, Clarified. A user inquired about the possibility of using service tax input credit from a previous month when preparing monthly payments, specifically when no service tax was collected in the registration month but was collected in the following month. A respondent clarified that input credit can be availed within the same period of payment, meaning it is permissible to use the input credit from the same half-year period for which the service tax return is being filed. The original user expressed gratitude for the clarification.