9911796707
TMI BlogPOINT OF TAXATIONX X X X Extracts X X X X X X X X Extracts X X X X ..... Hi My question is regarding Rule 7 of Pot Rules . As per amended Rule 7 if in previous year quantum taxable services were less than 50lacs than one can pay service tax liability on cash basis i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rrespective of service provided. Now my question is if I am paying service tax on cash basis, could I take benefit of input cenvat credit on accrual basis?? Regards Rahul 09810267888 - Reply B ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y Rama Krishana - The Reply = The provisions regarding payment of duty on service tax and the provisions for availing cenvat credit are two differnt set of rules. The option to pay service tax on cas ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... h basis instead of accural basis has nothing to do with the matter in which cenvat credit is availed as per rule 4(7) of Cenvat Credit Rule, 2004 . You may continue to avail cenvat credit on accrua ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l basis as long as you satisfy the conditions of rule 4(7) of CCR. - Reply By RAHUL MALHOTRA - The Reply = Thanks - POINT OF TAXATION - Query Started By: - RAHUL MALHOTRA Dated:- 4-7-2013 Ser ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vice Tax - Got 2 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
