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
Replies (3)
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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