Vikas
(CA)
(1135 Points)
Replied 28 August 2013
VAT - Works contract is of two type in Maharashtra VAT Act i.e., Construction & others; for which you may claim input credit subject to restriction as provided in Rule 53(4) of the MVAT Rules;
Service Tax - Valuation is covered vide Rule 2A of the Service Tax (Determination of Value) Rules, 2006, in which there is a condition that you cannot claim CENVAT Credit on any inputs.
Hope the above is suffice.
uday kiran
(CFO)
(21 Points)
Replied 14 January 2014
can we take input credit service tax paid to advocate / rent . in epc company
1) if there is seperate order for supply of material and erection /testing /commisioning
2) if the order is inclusive of material and services
CAclubindia
