We have paid service tax @ 12.36% raised through an invoice by a works contractor. We are a manufacturing company, we use power as one of the main element of production, the works contract was for getting a new dedicated Electricity line. Are we eligible to take cenvat credit?
Service used in relation to setting up is not eligle for cenvat credit.
SMJ global advisors pvt ltd
New Delhi
B.Com
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CMNITY HIRE
New Delhi
Others
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CAclubindia
