Input credit of service tax

This query is : Resolved

Guest

Guest (Querist)

21 March 2013 I signed a work contract with my client and charged service tax @4.94%. After that i also sub contracted that work contract and paid Service tax@4.94%. I want to know whether i can take credit of this service tax paid.
And what if contract is related to civil?

CA AYUSH AGRAWAL

CA AYUSH AGRAWAL (Expert)
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21 March 2013 Cenvat credit of input services and capital goods is available. Cenvat credit of excise duty on goods, the property of which is transferred is not available. Cenvat credit of other inputs (like consumables) is available

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Guest

Guest (Querist)

21 March 2013 i am paying the service tax to a service provider who is also using composite scheme.Whether it is legal.Please also provide rule reference

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CA AYUSH AGRAWAL

CA AYUSH AGRAWAL (Expert)
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21 March 2013 Rule 2A of Service Tax (Determination of Value) Rules
Notification No. 25/2012-ST, dated 20.06.2012]