TMI BlogService tax credit prior to productionX X X X Extracts X X X X X X X X Extracts X X X X ..... Can a company accumulate the service tax credit on different services utilized in the period prior to its commencement of production? Is it required to be registered in Excise for the accumulation of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Service tax credit or whenever it gets registered in Excise at that time it can claim the credit of accumulated service tax? - Reply By Rama Krishana - The Reply = It depends upon various factors. Th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e main factor is that you are intended to pay central excise duty or service tax as the case may be from the first clearance or billing or collection etc. as applicable. As per the law, there is no ma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ndatory requirement for obtaining registration before you start your production or providing taxable services. But, to avoid controversies and unnecessary litigation, it is always better that registra ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tion should be obtained once the duty paying documents are received and intended to avail cenvat credit. Department would also favor this. - Service tax credit prior to production - Query Started By: ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - madhavvan n Dated:- 9-1-2010 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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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