TaxTMI 
TaxTMI 
CENVAT Credit on Works Contract Service
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....ENVAT Credit on Works Contract Service<br> Query (Issue) Started By: - sumeet tholle Dated:- 16-3-2013 Last Reply Date:- 21-3-2013 Service Tax<br>Got 2 Replies<br>Service Tax<br>Dear All, One of my c....
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....lient is hotel, providing mandap keeper, accomodation, renting (as some portion rent out to bank) service. He engaged works contractor for construction of some portion of building (with material). Co....
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....ntractor charging Service Tax. Can my client claim CENVAT credit. Position after 01/04/2011 to 30/06/2012 and position after 01/07/2012. For some portion, he purchased steel, cement etc. and paid exc....
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....ise duty on that and constructing building. Can he claim excise duty as CENVAT credit. If yes 50% or 100% in Ist year. Pl. reply. Thanks. CA Sumeet Tholle Reply By CA. Surender Gupta: The Reply: ....
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....It may be legally correct, but practically, assuming, you are paying full rate of service tax on works contract on its 100% value (inclusive of material used therein), you may avail 100% credit on cem....
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....ent and steel during the first year itself. Reply By sumeet tholle: The Reply: Sir, Thanks for your reply. But I have some doubt as change in defination of "input" w.e.f. 01/04/2011. Credit of se....
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....rvice tax paid on works contract service, Commercial construction Service,Architect Service etc. and excise duty paid on steel, cement for construction of building is excluded in defination. Pl. guid....
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....e. Thanks. Sumeet Tholle, CA<br> Discussion Forum - Knowledge Sharing ....