i need the clarification regarding the cenvat credit availment and utilisation on cenvat credit on input service and capital goods.
Basically we are in construction of buildings and selling to the customers i.e we are a developer and builder.
we avail the abatement 75%, and pay ST @ 3.09% on the receipts. I have a query whether i am eligible to avail the cenvat credit on input service and capital goods even after availing abatement.
CAclubindia
