Kindly briefly describe & give valuable guidence 0n the following.....no but ..because..
In 2011-12 we got an order of Industrial building construction work ,we had offload the entire work to sub-contractor.under our supervision,D&E ,he execute work by charging service tax on 33%.We had opt. for composition hence we charged 4% ser tax to Client . Would we be eligible to take credit of 33% charged by sub contractor. If no than why? URGENTLY PLEASE
CAclubindia
