28 October 2014
Dear Sir / Mam My client is a construction co. and purchases cement and paid excise duty on this . but he is not taken any credit of this excise duty in service tax.
Now my point is whether he is liable to take credit in service tax or not?
28 October 2014
As your client is into construction services,As per Rule 2A of Valuation Rules ,he cannot take cenvat credit of duties paid on any inputs used in or in relation to its construction contracts.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
31 October 2014
bcoz of abatement services rules and regulations in the service tax rules
CAclubindia
