Can Cenvat credit available to the service provider be deducted while arriving at net tax liability while making payment under VCES.If there is any department circular in this regard,the same may please be shared
CA Pramod
9810074686
PRAMOD (partner) 07 December 2013
Can Cenvat credit available to the service provider be deducted while arriving at net tax liability while making payment under VCES.If there is any department circular in this regard,the same may please be shared
CA Pramod
9810074686
Harendra Kumar (A Practicing Lawyer) 09 December 2013
Sir,
In my view Cenvat Credit not utilized for payment of Service-Tax dues in VCES.