TMI Blogservice tax credit-regX X X X Extracts X X X X X X X X Extracts X X X X ..... service tax credit-reg X X X X Extracts X X X X X X X X Extracts X X X X ..... s relating to security ,housekeeping, internet bills and service tax is claimed in the bills. Now our question is service tax credit to be taken only after payment to the respective parties or shall ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... we take only the bills are taken into account. Please clarify. Thanks and Regards, S.Ramakrishnan. Reply By Naveed S: The Reply: Sir, you may avail the input service credit on receipt of the bil ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ls but if payment for the same is not made within three months time from the date of the invoice bill, then the said input service credit is required to be reversed. In short, it is advisable to take ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... credit after making paying of the bills. Reply By MUKUND THAKKAR: The Reply: Sir, please take credit and ensure payment should be done with in 90 days. you may enjoy the credit up to 90 days. Rep ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ly By Pradeep Khatri: The Reply: Dear Ramakrishnan, CENVAT credit on security, housekeeping should be availed according to the definition of input services/provisions of CENVAT credit Rules, 2004 an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d payments must be made within 90 days.
Regards,
Sameer Malhotra - Consultants
YAGAY and SUN
Management, Business and Indirect Tax Consultants X X X X Extracts X X X X X X X X Extracts X X X X
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