Can cenvat credit be availed in case of investment of povert
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 January 2014
Dear sir
pls clear my confusion that my company is a realeste I have to raise commission and brokerage to my debtor(clinet) and whenever i due service tax and other way i have to investment for Office promises and Business perpose in this case can i take service tax credit ?
pls clear my confusion that my company is a realeste I have to raise commission and brokerage to my debtor(clinet) and whenever i due service tax and other way i have to investment for Office promises and Business perpose in this case can i take service tax credit ?
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 February 2014
There is no cenvat credit is availed because it considered as cost of project or Fixed assests. The cenvet credit is possible when it outputtax credit if it is resale of propery in this case cenvat credit is availed.
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