an assessee is engaged in construction business. he paid 159360 including st @ 12.36% for structural fabrication erection with painting of pump for plant. now ca he claim credit of st paid.
Menu
Credit of st
Replies (1)
Yes....assesee can claim of ST piad on input services used for structure laying becuse he is enghagged in construction business.....but assume assessee is in business of manufacturing any product...then the inputs and input services used by him and the tax and excise duty paid would not be available to him as Cenvat creditt ...bcos Rule 2 (i) and 2(k) of CCR, 2004 specifically exclude such input and input services....
Recent Topic
- ITR-2 : cash income that does not fall under any h
- Debit note issued to supplier
- Ca pratik takkar imp list
- TDS EXECESS AMOUNT ADJUSTMENT
- What's the ONE thing about GSTR-2B / IMS reconcili
- Is GST Registration Mandatory for Freelancers in I
- ITR TO FILE
- Shift of Place of Business from one state to anoth
- Form 10E u/s. 89(1). Need clarification because Ex
- Long Term Capital Loss - Tata Capital unlisted sha
Related Topics
CAclubindia
