Cenvat credit
This query is : Open
17 January 2014
"A" is provider of Crane Hire service. He took 2 more cranes on hire and supplied to his customer.
Do he take cenvat credit of service tax on 2 cranes he hired for further supply ?
Pl. ans on basis of CCR 2004 (2011-12)
Do he take cenvat credit of service tax on 2 cranes he hired for further supply ?
Pl. ans on basis of CCR 2004 (2011-12)
17 January 2014
Yes , as his business is supply of tangible goods assets on rent/hire and for supply he purchase (procured) on rent/ hire the tangible goods, there is clear input output relation in the services he can take the credit of 2 cranes
18 January 2014
Any authority or case laws related to this available. Pls provide if any.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- Event company query
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
Trending Online Classes
CAclubindia
