Dear Sir
please advice we are manufacturing unit and taking cenvat credit on input services and same shown in ER-1 my Question is , shall we adjust the output services tax against input services tax and show the same in monthly and yearly service tax return and ER-1
Manufacturers Seek Clarity on Adjusting Service Tax with Cenvat Credit; Cash Payment via GAR-7 May Be Required A manufacturing unit inquired about adjusting output service tax against input service tax and reporting it in service tax returns and ER-1 forms. One response highlighted that certain output service tax liabilities must be paid through cash or GAR-7, suggesting careful consideration before adjustments. Another response clarified that once eligible Cenvat credit is availed, it can be utilized against the service tax liability of any output services without restriction. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
