Festive Savings Are Here. Get 10% OFF on All CCI Pro Plans. Subscribe Now!

Service tax cenvat credit

628 views

Save Share

Join Us Follow Us Add as Source

Shashikant Sharma

Accounts Manager

28 Points Posted on 16 January 2013

Hello sir

can i take cenvat cerdit of service tax ??? company buy some pipe on rental basis my company is regsterd under service tax code 00440290 it is construction service in respect of commercial or industriyal bulding and civil structure

company working contract babis

plz hellp me

Replies (1)

CA. MANOJKUMAR SONI

107 Points Posted on 16 January 2013

Hi Shashikant Sharma, as per my Knowledge If your Company is Charging / Collecting and Depositing FULL Rate Service Tax then CENVAT CREDIT is available but if the Company is Charging / Collecting and Depositing Service tax at Abated Rate then no CENVAT CREDIT is allowed.