Plz tell me now real estate covered under works contract ...means now we are eligible for input credit of input services ?
as per work contract services we can not take credit of input but can take credit for input servics & tax paid on capital goods.
/articles/a-negative-list-in-service-tax-levy-impact-on-construction-industry-13926.asp?utm_source=newsletter&utm_content=article&utm_medium=email&utm_campaign=nl_22_2012
plz go through this link and suggest am i right?
CAclubindia
