13 December 2013
can any one please tell how much input credit we will get for all the common input services which are used in the contract services which includes both exempted and non exempted projects ??? i.e security services, telephone sevices, courier services, legal charges, advertising services,consulting engineer services and what about the input credit if he in sub contract the project to others...
13 December 2013
If a manufacturer manufactures exempted as well as taxable goods and/or a service provider provides taxable as well as exempt services, he is required to either pay 'amount' or reverse proprotionate cenvat credit.