Input Service credit - New construction service in plant.

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..... We have received Input service i.e. Commercial Construction service in our plant. The said service includes excavation of soil, PCC/RCC work, tor steel work etc. The construction service is required .....

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..... for installation of new Coolng tower in existing plant. The service provider had paid service Tax on 50% value of the services under works contract after claiming 40% abatment. In the matter kindly .....

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..... clarify me the following :- Whether we are eligible for taking Input service credit to the extent of service tax paid by the service provider, in view of the definitation of CENVAT on Input serv .....

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..... ices? Whether, the credit of input services for new construction work is still eligible though the word "Setting up" is excluded from the defination. Regards, VINAY - Reply By Pradeep Khatri - .....

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..... The Reply = No, since w.e.f. 01-04-2011, it is not allowed on construction activities including setting up of factories etc. - Reply By JAMES PG - The Reply = Apart from the ineligibility of ST pai .....

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..... d on 50% value, under reverse charge mechanism, service receiver is also required to pay remaining half of the ST, whcih will also be ineligible - Input Service credit - New construction service in p .....

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..... lant. - Query Started By: - vinay wakde Dated:- 19-11-2012 Service Tax - Got 2 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management .....

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..... India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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