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Registration for construction co

Guest

Sir 

We are into construction of pools and land scape - to avail input on cement and steel other construction material  are we register with cex and carryout business

regards

shivanand

CENVAT credit restriction: credit on cement and steel disallowed after a definitional change, affecting construction input claims. A construction contractor asked about central excise registration to claim input credit on cement and steel. The reply states that, following a change in the statutory definitions of Inputs and Input Services, CENVAT credit on cement and steel is not available from the effective date, preventing such credit claims under the revised scheme. (AI Summary)
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YAGAY andSUN on Sep 10, 2012

From 01-04-2011, CENVAT credit on Cement and Steel is not allowed since change in the defintion of Input Services, Inputs etc.

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