Abatement

This query is : Resolved 

10 March 2014 We are builder in madurai., We have constructing the residential apartment in Madurai., We have pay the service on construction agreement value after taking the 60% abatement.,

My query is the our sub contractors rise the bill + service tax.,

we have eligible to take this amount on input?


10 March 2014 no credit allowed if abatement is opted for.

10 March 2014 If an assessee takes the option of availment of abatement, Input tax can not be claimed as per the provisions of act


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