https://www.taxtmi.com/forum/issue?id=2945 Cenvat Credit on input service tax paid on capitalised expenditures can be availed by showing the service tax as a deduction to the fixed assets schedule and reflecting that deduction in the depreciation calculation under the Income Tax Act; there is no time limit for availing the credit. However, an amendment bars Cenvat Credit on inputs attributable to labour charges used for construction. en-us Thu, 07 Apr 2011 17:44:14 +0530 Thu, 23 Jan 2025 15:58:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=2945 Cenvat Credit on input service tax paid on capitalised expenditures can be availed by showing the service tax as a deduction to the fixed assets schedule and reflecting that deduction in the depreciation calculation under the Income Tax Act; there is no time limit for availing the credit. However, an amendment bars Cenvat Credit on inputs attributable to labour charges used for construction. Discussion-Forum Service Tax Thu, 07 Apr 2011 17:44:14 +0530 https://www.taxtmi.com/forum/issue?id=2945