Input credit of service tax and vat on works contract

Others 5093 views 2 replies

Dear Sir,

 

in case of works contract, can i take input VAT credit ? and can i take input service tax credit ?  because its cover under abatement scheme.

Replies (2)

VAT - Works contract is of two type in Maharashtra VAT Act i.e., Construction & others; for which you may claim input credit subject to restriction as provided in Rule 53(4) of the MVAT Rules;

Service Tax - Valuation is covered vide Rule 2A of the Service Tax (Determination of Value) Rules, 2006, in which there is a condition that you cannot claim CENVAT Credit on any inputs.

 

Hope the above is suffice.

can we take input credit service tax paid to advocate / rent . in epc company

1) if there is seperate order for supply of material and erection /testing /commisioning

2) if the order is inclusive of material and services


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