https://www.taxtmi.com/forum/issue?id=3153 Cenvat credit is allowed on receipt of invoice, not on payment; if the value of the input service and service tax remain unpaid beyond three months from the invoice date, the credit taken must be paid back and can be re availed only after payment. For services under reverse charge, credit is allowable only upon payment of the input service value and the service tax. en-us Fri, 08 Jul 2011 11:42:08 +0530 Thu, 23 Jan 2025 15:58:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=3153 Cenvat credit is allowed on receipt of invoice, not on payment; if the value of the input service and service tax remain unpaid beyond three months from the invoice date, the credit taken must be paid back and can be re availed only after payment. For services under reverse charge, credit is allowable only upon payment of the input service value and the service tax. Discussion-Forum Service Tax Fri, 08 Jul 2011 11:42:08 +0530 https://www.taxtmi.com/forum/issue?id=3153