https://www.taxtmi.com/forum/issue?id=109282 Cenvat credit for a rent service that is common to both Transport and Clearing divisions may be used to meet the service tax liabilities of either division, subject to proper compliance. Excess payments of interest are not adjustable against service tax liabilities and must be claimed through the refund process; by contrast, an excess tax payment (not interest) can be adjusted in subsequent service tax returns in accordance with filing procedures. en-us Tue, 13 Oct 2015 18:30:46 +0530 Thu, 23 Jan 2025 15:56:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109282 Cenvat credit for a rent service that is common to both Transport and Clearing divisions may be used to meet the service tax liabilities of either division, subject to proper compliance. Excess payments of interest are not adjustable against service tax liabilities and must be claimed through the refund process; by contrast, an excess tax payment (not interest) can be adjusted in subsequent service tax returns in accordance with filing procedures. Discussion-Forum Service Tax Tue, 13 Oct 2015 18:30:46 +0530 https://www.taxtmi.com/forum/issue?id=109282