OVat & Service Tax on Civil Work (Foundation for machines)

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..... Respected Sir, We have to do Civil work i.e. foundation for machines for our customer in Orisa. We would like to know : Whether can we or our customer avail Credit of Input services, input mat .....

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..... erial and Vat Set off ? Thanks, - Reply By Pradeep Khatri - The Reply = From 01-04-2011, CENVAT credit on lying the foudation for capital goods are not allowed. Even, VAT set up under OVAT Act wi .....

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..... ll not available. You would have to capitalised the civil work and will have to avail depreciation according to Income Tax Act. - OVat & Service Tax on Civil Work (Foundation for machines) - Query .....

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..... Started By: - Bhalchandra Ramdasi Dated:- 20-11-2012 Value Added Tax - VAT-CST - Got 1 Reply - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion T .....

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

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