vijendra shrikant jadhav (Assistant Manager- Finance) (30 Points)
14 August 2013somebody please tell me can abatement and cenvat credit can be taken at the same time in service tax????
Sumit Grover
(Chartered Accountant )
(3652 Points)
Replied 14 August 2013
Dat varies from service to service.
E.g. abatement as well as CENVAT of input services/capital goods is allowed in case of construction service.
On the other hand, in case of GTA, no CENVAT is allowed if abatement is claimed..
You need to check the particular service as listed out in N/N 26-2012--ST(Abatement notification)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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