we can avail input credit our payments
This query is : Resolved
09 February 2011
Dear sir,
Basically we are paying ST on Construction of Residencial Complexes 3.34%(Basic value on 33%) we can avail input credit on the payments,pls reply me!!!!
Thanks
Basically we are paying ST on Construction of Residencial Complexes 3.34%(Basic value on 33%) we can avail input credit on the payments,pls reply me!!!!
Thanks
09 February 2011
No, no cenvat credit is available on inputs/capital goods/input services.
Abatement is 75% if the value of flats includes value of land.
Abatement is 75% if the value of flats includes value of land.
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