WHETHER CENVAT CREDIT CAN BE AVAILED BY A CONTRACTOR WHO IS PAYING SERVICE TAX AS PER RULE 2A OF VALUATION RULES??
> WHETHER ST PAID ON AUDIT FEES, WHETHER ELIGIBLE FOR CENVAT CREDIT IN CASE OF A CONTRACTOR
1 Replies
CA Prakash N
(Head - Indirect Tax (GST & FTP))
(373 Points)
Replied 25 June 2016
Yes. you can claim credit on input services and capital goods.
As per notification no.24/2012, restriction is only for Inputs I.e material used for works contract.
As per notification no.24/2012, restriction is only for Inputs I.e material used for works contract.
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