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Input of service tax paid as service recipient for capital e

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 June 2016 Dear Expert,

Our Company has paid service tax as recipient on a work contract which is related to a Capital Project.

Can we take cenvat of service tax paid or should we capitalise with asset cost ?

Please confirm

Thanks.
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Rupesh Jain

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Rupesh Jain (Expert)
10 June 2016 yes you can take the cenvat and take set off with your liability of service tax.

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