Cenvat
This query is : Resolved
RAJASEKHAR
(Querist)
19 February 2016
Cenvat credit
Total Replies : 0
by� RAJASEKHAR �on��17 February 2016
dear all, one of the our client engaged in manufacturing he is constructing various departments with in the factory and making structures for machineries from non body corporate. my doubt is that it comes under RCM in works contract whether I am eligible to take input service tax charged by service provider if yes how much input whether 50% or full because on capital goods only eligible half during that year and whether I am eligible to input service tax RCM if yes the same should 50% or full.
CA R SEETHARAMAN
(Expert)
20 February 2016
No cenvat credit can be claimed on such works contracts refer cenvat credit Rules.
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