20 October 2013
my factory under GIDC and GIDC give yearly bill for the of servive charges,N.A.A.bill and infrastructure upgradation bill with tax can i take credit of this bill. infra.upgradation charges service tax on 60% of bill amount so can i take credit on that amount? is that cover under works contract ?
20 October 2013
Yes one can take CENVAT Input Credit on the service tax component of GIDC bills since they pertain to infrastructure upgradation and can be linked for manufacturing/providing taxable product/service.