24 February 2013
I am civil contractor and paying GTA on frieght. Can i avail GTA paid against my output Service tax of civil business? if yes when it can be taken?
Further I pay Service Tax on value arived after abatement(ie on 25%) therefore any input service tax credit can be avail to pay such service tax of civil business?
Further, if I engage sub contrctor in my business then 50% service tax is payable by us as RCM method? if yes then it can be claimed as input credit while paying my service tax liability.