Input service distributors

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....nput service distributors<br> Query (Issue) Started By: - jitendra Gupta Dated:- 6-9-2010 Last Reply Date:- 7-9-2010 Central Excise<br>Got 1 Reply<br>Central Excise<br>Registered office having three u....

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....nits. One unit started from December 2007. Registered office was registered as Input service distributors prior to December 2007 and distributed service tax credit prior to December 2007 to unit start....

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....ed from December 2007. Whether registered office can distribute service tax credit (period prior to December 2007)to unit started from December 2007? Reply By Surender Gupta: The Reply: The provisions....

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.... are salient on this issue. Even there is no clear circular address this situation. On the other side, there is no restriction on transfer of credit to a new unit. But, to avoid unnecessary harassment....

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.... from the service tax department, you should not transfer the credit for the prior period to a new unit. This suggestion is only to avoid the difficulty, but if you are ready for litigation, you may t....

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....ransfer such credit.<br> Discussion Forum - Knowledge Sharing ....