Cenvat credit
This query is : Resolved
POOJA H. SHAH
(Querist)
06 March 2014
I want to know can we claim cenvat credit on service tax paid by a builder on construction of residential complexes i.e. on services like architect fees, labour charges, telephone bills, etc.?
06 March 2014
but if u are opting for works contract scheme then u will not be allowed/
POOJA H. SHAH
(Querist)
06 March 2014
Thank you Sir. We have collected tax @ 3.09% (Taking 75% as abatement) & were paying to the government under the code 440334 i.e. 65(105)(zzzh)- Construction of residential complex service & 65(105)(zzq)- Construction services other than residential complex, including commercial/industrial buildings or civil structures. Then can we claim cenvat credit?
06 March 2014
if u have opted for abatement then in my view u cannot take cenvat credit as it will lead to double deduction...refer Notification no.30/2012 by cbec.
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