Input service distributors

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Input service distributors
Query (Issue) Started By: - jitendra Gupta Dated:- 6-9-2010 Last Reply Date:- 7-9-2010 Central Excise
Got 1 Reply
Central Excise
Registered office having three .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... units. One unit started from December 2007. Registered office was registered as Input service distributors prior to December 2007 and distributed service tax credit prior to December 2007 to unit star .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ted from December 2007. Whether registered office can distribute service tax credit (period prior to December 2007)to unit started from December 2007? Reply By Surender Gupta: The Reply: The provision .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s are salient on this issue. Even there is no clear circular address this situation. On the other side, there is no restriction on transfer of credit to a new unit. But, to avoid unnecessary harassmen .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... t from the service tax department, you should not transfer the credit for the prior period to a new unit. This suggestion is only to avoid the difficulty, but if you are ready for litigation, you may .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... transfer such credit.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X