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Reversal of Service Tax Input Credit, Service Tax |
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Reversal of Service Tax Input Credit |
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Respected Sir, We are consulting engineers. We are taking service tax input credit on billing /accrual basis. My query is regarding Reversal of Service tax input credit if we do not pay within 90 day as we are adopting method of reversal of Cenvat credit in books instead of pay through separate challan. For example Bill date is 10 April 2012, and we have taken input credit in the month of April-2012, but we have not paid within 90 days from bill date means till 09th July 2012. Please advise when should we pass the reversal entry of input credit.? Either on 30th april 2012 or 09th July 2012. Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
On or after 09th July 2012 you can reverse the CENVAT credit. Page: 1 Old Query - New Comments are closed. |
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