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Allowance of service tax input credit if the date of payment is not correct

(Querist) 12 March 2009 This query is : Resolved 
hi,

If we had claimed service tax input & adjusted the same against the liability raised by the department. AS we are aware that the input can be claimed only if the bills are paid.

if the date of payment differs from the actual then what would be the consequences
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Guest (Expert) 04 April 2009
Payment of srvice tax is on receipt basis, therefoe you have to consider the adjustment on the payments received and not billed.
Hiralal Das (Expert) 07 April 2009
Thanks all of you the ld. member and the author.
I think your valuable opinion will assist everybody to solve their problem/matter in question properly.

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