If a Contractor, supplies materials in addition to rendering the fabrication and erection at the clients site, will he be allowed to claim the input duty paid on the materials.i.e steels - will he eligible to claim it as CENVAT credit?
Menu
Cenvat credit on supply of materials
Replies (1)
As per your query the contractor is not into manufacturing business, hence steel is not an input for him then how come will he be entitled to CENVAT credit on inputs. He is not entitled to take CENVaT Credit on inputs.
Recent Topics :
- NIC codes for FIRMS registration of entity
- Register on Income Tax as CA
- Deduction In Employee Provident Fund
- This is a gift for all Chartered Accountants and P
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Wallet query for GST.
- 25-26 exempted sales
- Hotel stay below Rs.1000/- GST applicable or exemp
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Generate E-Way Bill for 4 Nos. Suppliers Involveme
Related Topics :
CAclubindia
