Service tax input credit against abated services rendered

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

23 March 2013 My Partnership firm is having Service Tax category under "Management or business consultant service, Maintenance or repair service, Construction services other than residential complex including commercial/industrial building or civil structures, Transport of goods by road/goods transport agency service, & Construction of residential complex service"

Advances against booking of flats have been received from the customers with 75% abated ST and ST collected @ 3.09%.

Our Contractors engaged for construction has charged the service portion @ 12.36%.

Question : I want to take the input credit of Service Tax paid @ 12.36% to contractors against the Service Tax collected from customers @ 3.09% for the quarter ended on March'13. Can I do so ?

Ashish Vaish

Ashish Vaish (Expert)
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23 March 2013 Yes. After 01-07-2012, any person providing services of construction of residential/commercial building and availing abatement is eligible for availing cenvat of Input services.

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