Input Service credit - New construction service in plant.
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....nput Service credit - New construction service in plant.<br> Query (Issue) Started By: - vinay wakde Dated:- 19-11-2012 Last Reply Date:- 20-11-2012 Service Tax<br>Got 2 Replies<br>Service Tax<br>We h....
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....ave received Input service i.e. Commercial Construction service in our plant. The said service includes excavation of soil, PCC/RCC work, tor steel work etc. The construction service is required for i....
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....nstallation of new Coolng tower in existing plant. The service provider had paid service Tax on 50% value of the services under works contract after claiming 40% abatment. In the matter kindly clarify....
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.... me the following :- Whether we are eligible for taking Input service credit to the extent of service tax paid by the service provider, in view of the definitation of CENVAT on Input services? Whethe....
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....r, the credit of input services for new construction work is still eligible though the word "Setting up" is excluded from the defination. Regards, VINAY Reply By Pradeep Khatri: The Reply: No, si....
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....nce w.e.f. 01-04-2011, it is not allowed on construction activities including setting up of factories etc. Reply By JAMES PG: The Reply: Apart from the ineligibility of ST paid on 50% value, under r....
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....everse charge mechanism, service receiver is also required to pay remaining half of the ST, whcih will also be ineligible<br> Discussion Forum - Knowledge Sharing ....