Is CEN VAT Credit available for receipient & payer of Service of a works contract in the implication of ST-30/2012??
TAMAL KHAN (Articled trainee) (51 Points)
02 August 2012Is CEN VAT Credit available for receipient & payer of Service of a works contract in the implication of ST-30/2012??
RENGARAJ R.K
(ADVOCATE)
(7557 Points)
Replied 02 August 2012
Eligible cenvat credit is available for service provider, including capital goods.
For service receiver, the works contract service should be for the purpose of output service. Then only it is eligible.
TAMAL KHAN
(Articled trainee)
(51 Points)
Replied 03 August 2012
May I have any instances or example for the same??
CAclubindia
