Service Tax Paid under RCM for Works Contract after abatemet (30% & 40%) by the Service Receiver is eligible of Input Credit?? Service Received is a manufacturing company.
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Service tax on works contract
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Yes, ST paid under RCM for works contract is eligible for input tax credit.
Not eligible if work contract is for original works of civil construction.
| Originally posted by : Anmol Juneja | ||
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Yes, ST paid under RCM for works contract is eligible for input tax credit. |  |
It is also for labour contractor ???
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