Cenvat credit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 August 2013
Hi All
Our company is a service provide. e are registered under Erection,commissioning & Installation. Now is is 70%60% & 40% Billing. We are billing to other parties like this percentage. We are taking services from other parties. and they are charging service tax to us. But we are charging maximum 70% service tax to other co. because we are in abatement service. My question is can we take CENVAT credit of service which we are paying to other parties.
Our company is a service provide. e are registered under Erection,commissioning & Installation. Now is is 70%60% & 40% Billing. We are billing to other parties like this percentage. We are taking services from other parties. and they are charging service tax to us. But we are charging maximum 70% service tax to other co. because we are in abatement service. My question is can we take CENVAT credit of service which we are paying to other parties.
11 August 2013
The abatement is is available only when CENVAT credit is not availed
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