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Time limit for utilising credit, Service Tax

Issue Id: - 375
Dated: 15-3-2007
By:- CA Neetu Bohara

Time limit for utilising credit


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For how long we can carry forward our unutilise service tax credit. Is there any time limit after which we have to write-off the unutilised credit from our books of accounts?

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Page: 1


1 Dated: 16-3-2007
By:- Surender Gupta
There is no time limit fixed for carry forward of unutilised service tax credit. You can carry forward any amount of credit as long as you are entitled to utilize the same.

Page: 1

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