Service tax input credit for projects

The Notifications issued in the Union Budget, Cenvat Rules were amended and a new Notification No.3/2011 was issused by which the Input Services for the project construction etc are not eligible to avail input credit. Whether this is applicable to a case

M.S.Fabricated Structurals, Stresses,Built up sections, Roof Panel Turbo Ventilators, Roof Cladding etc used in the errection of a new Factory Shed. The supplier is providing a Service Tax Invoice with 10.30% S.T and 4% VAT.

Shall we be in order to avail this input credit in our books and as well VAT 4%

Please clarify.

Replies (1)

buildings are not specified as capital goods as per cenvat credit rules, or vat rules, hence no input credit available on such things.

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