Can purchaser take cenvat credit
This query is : Open
siddhartha yagnik
(Querist)
13 June 2014
one of my client wanted to take the credit of cenvat form the purchase of the immovable property like admin office...he is a professional....he may be a ca or a doctor or an architect....
i think he can avail the cenvat for the purpose of service tax.. bu i am still in a dilemma please help...
Siddhartha
i think he can avail the cenvat for the purpose of service tax.. bu i am still in a dilemma please help...
Siddhartha
Prankur Gupta
(Expert)
14 June 2014
No duty is charged on sale of an immovable property then how can he avail credit? And in any another case he can avail cenvat credit.
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siddhartha yagnik
(Querist)
14 June 2014
but sir this was done before getting BU Permission...and he bought before that i also know that it is a sale and we have to pay vat on such...but it will be sale after getting BU. and not before that....
so please take note on same...
thank you for your reply
so please take note on same...
thank you for your reply
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