https://www.taxtmi.com/forum/issue?id=111 Unutilised Cenvat Credit may be carried forward and applied against future service tax liabilities; refund of excess credit is not generally available except for export-related provision. The ST-3 return records opening balance, credit availed, credit utilised and closing balance for Cenvat, and the closing balance may be carried forward to the next tax period for adjustment against output service tax. en-us Fri, 24 Mar 2006 15:24:57 +0530 Thu, 23 Jan 2025 15:59:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111 Unutilised Cenvat Credit may be carried forward and applied against future service tax liabilities; refund of excess credit is not generally available except for export-related provision. The ST-3 return records opening balance, credit availed, credit utilised and closing balance for Cenvat, and the closing balance may be carried forward to the next tax period for adjustment against output service tax. Discussion-Forum Service Tax Fri, 24 Mar 2006 15:24:57 +0530 https://www.taxtmi.com/forum/issue?id=111