CENVAT CREDIT
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 February 2010
Case: There is an electrical contractor who undertakes the contract of commissioning, testing, installation of various electrical jobs. He is also to buy the wires, cables, switches himself and install the same. The contract is composite as the company will make a lumpsum payment to the contractor (i.e for service as well as the wires cables and other accessories used).
Question: Can the contractor take the input credit of the excise duty paid on the wires, cables, switches, accessories against the services tax liability?
Question: Can the contractor take the input credit of the excise duty paid on the wires, cables, switches, accessories against the services tax liability?
05 February 2010
No
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