Credit on VAT

This query is : Resolved 

10 August 2010 Hello,
Whether Cenvat Credit is available to Manufacturer and Service Provider on Works Contract(8%) in Maharashtra State ? Further in what proportion(%) cenvat credit will be available to them ?
Thank You.

10 August 2010 I suppose whatever paid above 4% VAT is allowed as input credit.

Better get more opinions.

10 August 2010

10 August 2010 Your query is confusing

you are asking CENVAT or Local VAT

Local VAT- Some state input is not available, some state can be taken

Under ST- Cenvat available for Work contractor


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