Service Tax

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  1. puneet07

    puneet07 New Member

    If a Construction Company sale a unit under construction & charge service tax & adjusted from the Cenvat Credit Available & file ST Return accordingly.
    Now, Construction Company cancel the unit & refund back the ST Amount, thus company can adjust such ST amount from future ST libility.
    My question is that if company not plan to sell any unit until construction is completed or not any future liability of ST, can we take such Service Tax (Refund ST) as Cenvat Credit or apply for refund.
    Please suggest.
     
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