Hi
client company is a construction company and they are availing abatement of 70% and 30%
now the question is can he claim service tax input on other services except under RCM
shruthi.v.ramu (Senior Associate @ Grant Thronton US) (72 Points)
06 July 2013Hi
client company is a construction company and they are availing abatement of 70% and 30%
now the question is can he claim service tax input on other services except under RCM
Saurabh Maheshwari
(B.com,ACA)
(5923 Points)
Replied 06 July 2013
Hi Shruti,
No ,Cenvat credit cannot be cliamed ...because the pre-condition of every abatement notification is that if abatment opted then , NO credit of inputs& \input services to be availed...
Prabhat Kumar
(Advocate & Consultant)
(1912 Points)
Replied 08 July 2013
wHENEVER ANY ABATMENT IS GIVEN, IT IS GIVEN ON THE CONDITION THAT YOUN WILL NOT CLAIM ANY CREDIT IN THIS REGARD.SO,YOU CAN NOT TAKE CREDI.