CA. Jimil Shah (Proprietor) (49 Points)
12 July 2013Dear Sir,
1. There is a newly formed construction company which has incurred expenditure of soil testing, architect and designer charges for its upcoming project where construction is going to start very soon.
2. It will start collecting booking amount and advance amount once it starts its construction. Thus service tax liability will arise once construction starts.
Can it avail the CENVAT on such payments made as mentioned in point no. 1?
Nirav Worah
(CHARTERED ACCOUNTANT)
(396 Points)
Replied 13 July 2013
Nirav Worah
(CHARTERED ACCOUNTANT)
(396 Points)
Replied 13 July 2013
| Originally posted by : ANIL KUMAR | ||
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Bravo Nirav Worah |
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Hehe....but why sir?
ANIL KUMAR
(PROPRIETOR)
(109 Points)
Replied 13 July 2013
It is the power of knowledge , that a student is repplying to
a qualified person.
So , Dear un doubtly your are eligible of my that comment.
I praise you dear
CA. Jimil Shah
(Proprietor)
(49 Points)
Replied 13 July 2013
Thanks a lot Nirav Worah and Anil Kumar... :)
CAclubindia
