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Reversal of Service Tax Input Credit

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....eversal of Service Tax Input Credit<br> Query (Issue) Started By: - Ranbir Singh Dated:- 10-4-2013 Last Reply Date:- 10-4-2013 Service Tax<br>Got 1 Reply<br>Service Tax<br>Respected Sir, We are cons....

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....ulting engineers. We are taking service tax input credit on billing /accrual basis. My query is regarding Reversal of Service tax input credit if we do not pay within 90 day as we are adopting method ....

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....of reversal of Cenvat credit in books instead of pay through separate challan. For example Bill date is 10 April 2012, and we have taken input credit in the month of April-2012, but we have not pa....

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....id within 90 days from bill date means till 09th July 2012. Please advise when should we pass the reversal entry of input credit.? Either on 30th april 2012 or 09th July 2012. Reply By Pradeep Khatri....

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....: The Reply: On or after 09th July 2012 you can reverse the CENVAT credit.<br> Discussion Forum - Knowledge Sharing ....