Composition tax


22 January 2013 Sir,

i work in a developers office. we had placed construction of swimming pool order to a company. now the company has raised a bill in which they have claimed 67% of the bill on COT % and 33 % of the bill on 12.36% service tax.

Know my question is can i claim input tax credit on the 4% cot amount that i have paid.

please clarify.

Regards
K A

23 January 2013 Input Tax credit of What? ST or VAT?


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