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Input credit of service tax paid to builder for flat purchas

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 April 2012 Can anybody suggest me regarding service tax @ 2.575% paid to builder for purchase of flat is allowable to take set off against output service tax @12.36% or not.

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CA NIKHIL OZA

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CA NIKHIL OZA (Expert)
21 April 2012 as building n civil stuture are not consider as capital asset or even as input ,such ccr cant be taken ...

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