Cenvat credit
prithwish sengupta
(Querist) 22 February 2012
This query is : Resolved
As per the recent amendments, service tax liability arises on accural basis,i.e. assessee has to pay service tax as soon as the bill is raised.
Is the same applicable in case of cenvat credit on input services, i.e can assessee claim cenvat credit on service tax paid as soon as he receives the bill evev he does not pay it or pays it on a latter date??
Raj Kumar Makkad
(Expert) 22 February 2012
There is no scope for the commercial queries as per decision of experts.
Rajeev Kumar
(Expert) 22 February 2012
Yes i have also the same opinion as Mr. Makkad have