Cenvat Credit on the commission paid to sub-contractor

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....envat Credit on the commission paid to sub-contractor<br> Query (Issue) Started By: - puneet Dated:- 16-4-2006 Last Reply Date:- 17-4-2006 Service Tax<br>Got 1 Reply<br>Service Tax<br>X is a principal....

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.... contractor engaged in sanitation workscontracts & paying service tax on 33% of value recieved after deducting WCT(sales tax),TDS(income tax) & retention amount.Further not claiming any other deductio....

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....ns.As principal contractor engages sub-contractor for execution of contract & paying service tax on payments to these sub-contractors.Kindly explain us with provisions whether main\principal contracto....

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....r is entitled to claim cenvat credit paid to sub-contractor on input service. Reply By Surender Gupta: The Reply: Upto 28-2-2006 X was entitled to avail the Cenvat Credit of service tax paid by the ....

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....sub contractor but from 1-3-2006 he is not entitled to avail the credit as long as he is availing the benefit of exemption of 67% under notificaion no. 1/2006<br> Discussion Forum - Knowledge Sharing ....

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