Dear All,
One company is registered under Works Cont. Service under Composition Scheme. It also sub-contracts part of the contracted work & this sub-contractor is also registered under Works Cont. Service under Composition Scheme.
Question:
1) Whether the company can take credit of service tax paid on bills received from its sub-contractors?
I think it is yes.
Plz clear my doubts.
Thanks
Input services credit in works contract service
CA FARHAD ASPI SHROFF (CA ) (69 Points)
20 February 2010