Service tax credit real estate

Jiten (CA) (167 Points)

30 May 2012  

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?