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Adjustment of input credit of service tax

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....djustment of input credit of service tax<br> Query (Issue) Started By: - Yashavanth Dated:- 11-8-2008 Last Reply Date:- 13-8-2008 Service Tax<br>Got 2 Replies<br>Service Tax<br>If service tax input cr....

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....edit not shown in Service tax half yearly returns by registered assessee and not filed amended returns with in stipulated period whether service tax credit will be disallowed, because the assessee was....

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....n not had the choice of adjustment of Input credit against Out put services and he accumulated input credit for long period. Now he wish to adjust against the similar type of services, whether any Rul....

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....e, Case Law support this. Reply By V Ramanujam: The Reply: Strictly as per Service tax provisions, there is no time limit to either take the eligible CENVAT credit, though Tribunal decisions rendered....

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.... in the context of earlier CENVAT on excise component fixed six months period for availing the CREDIT. Once the eligible Credit is taken as per the provisions, there is no time limit for its adjustmen....

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....t. Based on this position, you may take the eligible CENVAT credit amount now. Reply By Vineet Bnasal: The Reply: I am fully agreed with the opinion of Mr. V Ramanujam<br> Discussion Forum - Knowledge....

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.... Sharing ....