service tax credit on new building
X X X X Extracts X X X X
X X X X Extracts X X X X
....ervice tax credit on new building<br> Query (Issue) Started By: - manan pandya Dated:- 28-8-2014 Last Reply Date:- 28-8-2014 Service Tax<br>Got 2 Replies<br>Service Tax<br>dear sir, we are manufactur....
X X X X Extracts X X X X
X X X X Extracts X X X X
....er of dutiable goods. we are having 2 units in existance and recently we have purchased other space are for producing the excisable goods in this regards we are constructing new building against we ar....
X X X X Extracts X X X X
X X X X Extracts X X X X
....e receiving service tax input so question is that , can we take credit of the same? against my excisable goods (excise duty) regards, Manan Pandya +919510018659 Reply By Pradeep Khatri: The Reply:....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... Dear Manan, No you cannot avail the CENVAT credit on Building as the word "Setting Up" of Factory Premises has been removed from the definition of Input Services. Further, on civil struct....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ure no CENVAT is allowed. Regards, YAGAY and SUN (Management and Indirect Tax Consultants) Reply By Rajagopalan Ranganathan: The Reply: Sir, Service provided for construction of factory (which i....
X X X X Extracts X X X X
X X X X Extracts X X X X
....s called setting up of factory) was omitted from the definition of "input service" with effect from 01.04.2011 vide Notification No. 3/2011-CE (NT) dated 01.03.2011. Availment of service for....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... setting up of factory was prior to 01.04.2011 then credit is available. Liability to pay service tax is related to the date of provision of service or date of invoice issued. If any one date falls on....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... or after 01.04.2011 the you cannot avail the credit.<br> Discussion Forum - Knowledge Sharing ....