Cenvat Credit
This query is : Resolved
07 July 2008
Mr. A has opted for Works Contract Composition Scheme and opted to pay 4% tax. He has issued the bill to Mr.X for Rs.104 (100 + 4 rs. service tax).
Can MR. X claim cenvat credit for this service tax charged @4%.
Can MR. X claim cenvat credit for this service tax charged @4%.
Ajay Gumbar
(Expert)
07 July 2008
Yes,
Of course Mr. X can claim Cenvat Credit.
Regards,
Ajay
Of course Mr. X can claim Cenvat Credit.
Regards,
Ajay
Tarun Gupta
(Expert)
08 July 2008
yes of course
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