TMI BlogAdjustment of input credit of service taxX X X X Extracts X X X X X X X X Extracts X X X X ..... If service tax input credit not shown in Service tax half yearly returns by registered assessee and not filed amended returns with in stipulated period whether service tax credit will be disallowed, b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ecause the assessee wasn not had the choice of adjustment of Input credit against Out put services and he accumulated input credit for long period. Now he wish to adjust against the similar type of se ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rvices, whether any Rule, Case Law support this. - Reply By V Ramanujam - The Reply = Strictly as per Service tax provisions, there is no time limit to either take the eligible CENVAT credit, though ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Tribunal decisions rendered in the context of earlier CENVAT on excise component fixed six months period for availing the CREDIT. Once the eligible Credit is taken as per the provisions, there is no ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... time limit for its adjustment. Based on this position, you may take the eligible CENVAT credit amount now. - Reply By Vineet Bnasal - The Reply = I am fully agreed with the opinion of Mr. V Ramanuja ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... m - Adjustment of input credit of service tax - Query Started By: - Yashavanth Dated:- 11-8-2008 Service Tax - Got 2 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an ex ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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