https://www.taxtmi.com/forum/issue?id=570 Where CENVAT credit of input services was availed on accrual instead of on payment, the department may require reversal for the months of accrual and re availment on actual payment; the taxpayer should compute and pay the differential service tax with interest, and if paid voluntarily before issue of a show cause notice penalty is generally not leviable. Maintain month wise workings, discharge liability via challan (GAR 7) and file a disclosure letter with computations and proof of payment to regularize the position. en-us Wed, 24 Oct 2007 11:37:10 +0530 Thu, 23 Jan 2025 15:58:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=570 Where CENVAT credit of input services was availed on accrual instead of on payment, the department may require reversal for the months of accrual and re availment on actual payment; the taxpayer should compute and pay the differential service tax with interest, and if paid voluntarily before issue of a show cause notice penalty is generally not leviable. Maintain month wise workings, discharge liability via challan (GAR 7) and file a disclosure letter with computations and proof of payment to regularize the position. Discussion-Forum Service Tax Wed, 24 Oct 2007 11:37:10 +0530 https://www.taxtmi.com/forum/issue?id=570