whether CENVAT credit can be availed on payment of ST on PLC
This query is : Resolved
20 June 2011
My client is a builder. He has bifurcated the total collection into three parts i.e. Share of land, contruction charges and prefrential location charges. As he it availing abatement @67% on the amount of ST payable on construction charges, he cant avail cenvat credit on that. But as he cant avail any abatement on ST liability on preferential location charges,can he avail credit on service tax paid on input services???
20 June 2011
Rule 6(3) restriction have tobe applied.
IT shouldbe available.
Better also to get confirmation by wirting to the officers of the dept.
IT shouldbe available.
Better also to get confirmation by wirting to the officers of the dept.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Refund of 20%pre-deposit paid for stay application
- Rent lease agreement
- TDS Challan Code
- Relief u/s Section 89
- Nomination of Bank for refund in itr 2
- GST Rate applicable for 0% Food Items sold by an Industrial Caterer
- STCG on ETF gold & silver
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
