Cenvat Credit Rules Amended To Enable Carry Forward Of Unavailed Credit Of Service Tax Under GST

nitish kashyap

16 Jun 2017 3:20 PM IST

  • Cenvat Credit Rules Amended To Enable Carry Forward Of Unavailed Credit Of Service Tax Under GST

    The Centre has amended Cenvat Credit Rules 2004, vide notification No. 15/2017-Central Excise (NT) issued on Monday, that would enable service recipients to carry forward unavailed credit of service tax under the GST regime.According to the notification, Cenvat credit, in respect of such services which remain unavailed of on the day immediately preceding the ‘appointed day’, may be availed...

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