Availment of abatement

[CA.Mohammed Lakkadsha]

A contractor providing taxable services under industrial & commercial construction services can choose different option for different contracts between avialing abatement and not avialing abatement and claimin cenvat credit. In nutshell option for abatement and CENVAT credit are qua contract and not qua service provider and hecne a different option can be exercised for each contract.

AI Summary

Contractors Can Choose Abatement or CENVAT Credit Per Contract for Industrial and Commercial Construction Services A contractor offering industrial and commercial construction services can select different options for each contract regarding availing abatement and claiming CENVAT credit. This decision is contract-specific rather than provider-specific, allowing flexibility in choosing options for each contract. A respondent confirmed that while this approach is applicable to works contracts, it may not be easily applicable to other types of services.