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eligibility of service tax credit

Service Tax - Started By: - Ramakrishnan Seshadri - Dated:- 31-8-2016 Last Replied Date:- 31-8-2016 - Dear Sir,We had a doubt relating to the . We are the manufacturers of automobile parts.We receive service tax paid invoices on services like manpower,clearing & forwarding and some other services. Our question is whether we can take service tax credit on receipt of the invoice and booked in the system or we have to wait till the payment is made for the invoices. we are still in confusion. so .....

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llan referred to in Rule 9 is received; If the payment of the value of input services and the service payable as indicated in the invoice, is not made within three months of the date of the invoice, bill or, as the case may be, challan, the manufacturer or the service provider who has taken credit on such input services, shall pay an amount equal to CENVAT credit availed on such input service except the service tax paid as recipient of service; In case the said payment is made after the reversal .....

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mount is refunded or credit is to be reversed; The CENVAT credit in respect of invoice, bill or as the case may be, challan referred to in Rule 9 issued before 01.04.2011 shall be allowed on or after the day on which payment is made of the value of input service and the service tax paid or payable as indicated in invoice, bill or, as the case may be, challan referred to in Rule 9; The manufacturer or provider of output service shall not take credit after one year (with effect from 01.03.2015) of .....

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