Main Contractor Ineligible for Service Tax Credit Paid by Subcontractor Under Notification No.01/2006 Abatement Benefits.

Main Contractor Ineligible for Service Tax Credit Paid by Subcontractor Under Notification No.01/2006 Abatement Benefits. https://www.taxtmi.com/highlights?id=38268 Availing credit while availing benefit of abatement - the main contractor is not entitled to the credit of service tax paid by sub-contractor if he is availing notification No.01/2006. Thus any service tax paid by the subcontractor would come as revenue to the Government and no credit of same would be available to the main contractor. - AT en-us Fri, 09 Mar 2018 11:12:58 +0530 Fri, 09 Mar 2018 11:12:58 +0530 TaxTMI RSS Generator Main Contractor Ineligible for Service Tax Credit Paid by Subcontractor Under Notification No.01/2006 Abatement Benefits. https://www.taxtmi.com/highlights?id=38268 Availing credit while availing benefit of abatement - the main contractor is not entitled to the credit of service tax paid by sub-contractor if he is availing notification No.01/2006. Thus any service tax paid by the subcontractor would come as revenue to the Government and no credit of same would be available to the main contractor. - AT Highlights Service Tax Fri, 09 Mar 2018 11:12:58 +0530 https://www.taxtmi.com/highlights?id=38268