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    <title>CONDITIONS FOR TAKING CENVAT CREDIT ON INPUT SERVICES</title>
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    <description>Cenvat credit on input services is allowable to manufacturers and providers of output services when the qualifying invoice, bill or challan is received; failure to pay for the input service within a prescribed short period from the invoice date requires reversal of the Cenvat credit (subject to restoration upon later payment). Service tax paid under reverse charge is creditable only after payment to the government, and any refund or credit note for an input service mandates reversal of the corresponding credit. Documentary evidence enumerated in Rule 9(1) must accompany credit claims.</description>
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      <title>CONDITIONS FOR TAKING CENVAT CREDIT ON INPUT SERVICES</title>
      <link>https://www.taxtmi.com/article/detailed?id=6187</link>
      <description>Cenvat credit on input services is allowable to manufacturers and providers of output services when the qualifying invoice, bill or challan is received; failure to pay for the input service within a prescribed short period from the invoice date requires reversal of the Cenvat credit (subject to restoration upon later payment). Service tax paid under reverse charge is creditable only after payment to the government, and any refund or credit note for an input service mandates reversal of the corresponding credit. Documentary evidence enumerated in Rule 9(1) must accompany credit claims.</description>
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      <law>Cenvat Credit</law>
      <pubDate>Wed, 01 Apr 2015 05:55:47 +0530</pubDate>
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