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Financials for India - EBS (MOSC)

Service Tax Credit Reversal in 90 Days

Mar 30, 2014 9:17PM edited Apr 14, 2014 12:00PM in Financials for India - EBS (MOSC) 34 commentsAnswered

Hi,

Suppose business does not make payment to vendor within 90 days and hence would like to reverse the Service Tax Credit.

What are the steps and which account this reverse credit amount shall be put into for this duration.

Regards,

Saurabh Singhal.

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