https://www.taxtmi.com/article/detailed?id=1188 CENVAT credit for input services may be claimed only after payment of the invoice/bill/challan reflecting service tax, while credits on inputs and capital goods are exempt from this condition. An amendment provides that if any payment towards an input service is returned, the claimant who availed CENVAT credit must repay an amount proportionate to the credit, subject to specified monthly or quarterly deadlines and recovery procedures if unpaid. en-us Sat, 05 Mar 2011 15:37:08 +0530 Sat, 05 Mar 2011 15:37:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1188 CENVAT credit for input services may be claimed only after payment of the invoice/bill/challan reflecting service tax, while credits on inputs and capital goods are exempt from this condition. An amendment provides that if any payment towards an input service is returned, the claimant who availed CENVAT credit must repay an amount proportionate to the credit, subject to specified monthly or quarterly deadlines and recovery procedures if unpaid. Articles Cenvat Credit Sat, 05 Mar 2011 15:37:08 +0530 https://www.taxtmi.com/article/detailed?id=1188