Wethere cenvat credit can be taken in case of work contract composition scheme because notification says that no duty and cess will be allowed under the same scheme
2 Replies
Madhukar N Hiregange
(Chartered Accountant)
(39034 Points)
Replied 14 July 2009
Under the composition scheme for WC - cenvat credit of central excise duty paid for capital goods used for providing the service as well as the eligible input services is eligible for availment.
K Balasubramanian
(Service)
(22 Points)
Replied 15 July 2009
Yes. What is denied is only the Excise Duty on inputs which is not available under normal route also.
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