https://www.taxtmi.com/forum/issue?id=110335 Availing service tax/Cenvat credit while retaining a portion of contract payment depends on whether the retention is contractually confined to the service value exclusive of tax and whether the supplier was actually paid the service tax; absent payment within the prescribed period credit should be reversed until the tax is paid, potentially attracting interest, and factual proof in the contract and payment records is determinative. en-us Wed, 11 May 2016 09:31:45 +0530 Thu, 23 Jan 2025 15:56:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110335 Availing service tax/Cenvat credit while retaining a portion of contract payment depends on whether the retention is contractually confined to the service value exclusive of tax and whether the supplier was actually paid the service tax; absent payment within the prescribed period credit should be reversed until the tax is paid, potentially attracting interest, and factual proof in the contract and payment records is determinative. Discussion-Forum Service Tax Wed, 11 May 2016 09:31:45 +0530 https://www.taxtmi.com/forum/issue?id=110335