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Utilization of Cenvat

Service Tax - Started By: - Sarfraz Khan - Dated:- 13-10-2015 Last Replied Date:- 15-11-2015 - Dear Sir,I am working in a company, where we have two division one is called Transport and another one is Clearing.I have received an Invoice towards Rent .....

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d service tax retrun.Can I utilize that Rent cenvat with clearing divsion, is there any specific rule for utlilizing cenvat. - Reply By Mahir S - The Reply = Sir,I would suggest you to adjust the excess service tax payment in the next service tax ret .....

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will get increase and excess interest will get adjusted with that liability and in clearing division I would pay less liablity and less Interest.Please adivse. - Reply By Mahir S - The Reply = Sir,Interest cannot be adjusted against service tax payme .....

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