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CENVAT credit

Service Tax - Started By: - VAMSI KRISHNA - Dated:- 9-5-2017 Last Replied Date:- 11-5-2017 - Sir, As per explanation to Rule 3(4) of rules 2004... (as inserted by the 28/2012-Central Excise (N.T), Dated 20/06/2012) cannot be used for payment of service tax in respect of services where the person liable to pay tax is the service recipient. So on the basis of above amendment dated 20-06-2012.. it shows that service receiver should discharge his liability in cash only. As per first proviso to 4(7) .....

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8000 The due date for payment of service tax liability of JAN is on or before 6 th of FEB.... as per provisions of Service tax my service tax payment as below Collected 15000 CENVAT 8000 Paid in cash 7000 68(2) liability 5000 Total payment in cash 12000 As per first proviso to 4(7) of rules 2004 whatever the amount paid under 68(2) is eligible for only after payment to govt...... my doubt is whether this 5000 is eligible credit in the month of jan . because of this 68(2) liability is paid on 4 t .....

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