Availment of cenvat credit
This query is : Resolved
09 February 2013
Can a builder claim cenvat credit of input services and capital goods under the negative list regime ??
10 February 2013
Yes available even when he pays on 25% or 40%/ 60%
Message likes :
1 times
11 February 2013
for paying the service tax under the reverse charge mechanism the builder has to first pay the service tax without utilizing the CC bal and after that he can claim the Cenvat Credit (Service Tax Paid) only for the Input Services (under Reverse Charge)
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