Sir
1. A Company work contarct with B company and after B company Charge bill to A company Contarct work+ Srevice Tax 40%. (in abdement scheme .)
B company collecet Amount from A company and Paid to Govt siervice tax (40 % on work contract Value ) in abdement scheme .
Then after A compnay can aviled service tax input credit ?
if no than what optioon open to A company?
If B Company is providing construction related services, then you may only claim Cenvat credit, when you are also providing the similar services. Else, you should not be eligible to claim the Cenvat credit.
Thus, please detail the nature of service provided by B.
S.B.G. & CO. CHARTERED ACCOUNTANTS
New Delhi
CA Inter
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Shyam S Gupta and Company
New Delhi
CA Inter
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Malhotra Rajesh & Associates
New Delhi
B.Com
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Fytomax Nutrition Private Limited
Aurangabad
CA Inter
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CCI
Pro
CAclubindia
