Query regarding Input Credit

Queries 466 views 1 replies

 

In the case of Works Contract related to Construction Business…. Can the Input Credit be allowed to be taken against CENVAT Credit…………….In same case if Capital is Introduced. Is there any Credit Facility Available …..If Yes please tell how and if No how ……? Its Urgent Please Reply soonest.
Replies (1)

Dear Jalpesh,

If assessee is availaing abatement then he cannot take Cenvat Credit of Inputs...


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