For builders & developers (company)
Can avail cenvat of service tax paid under revrse charge basis on labour supply (man power supply)
for the payment of service tax under const. of resi. complex servc
???
4 Replies
Saurabh Maheshwari
(B.com,ACA)
(5923 Points)
Replied 30 July 2014
I think credit of ST paid under RCM cannot be taken because the same are not input service for the purpose of providing services of construction of residential complex..
aagam jain
(chatrered accountant )
(63 Points)
Replied 30 July 2014
but use of labour supply( man power suppl )only for the .const. of resi, complex
Venkatanarayana GM
(Partner associate at Hiregange & Associates)
(1279 Points)
Replied 31 July 2014
Dear sir,
Certainly it qualifies as input service and rightly you can avail benefit of the same.
In CCR 2004 there is no specific restriction which curtails availing this input service and there are no reported caselaws which disqualifies this credit as ineligible.
Thanks
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