TMI BlogPainting ServicesX X X X Extracts X X X X X X X X Extracts X X X X ..... Painting Services X X X X Extracts X X X X X X X X Extracts X X X X ..... nting, Repair & Maintenance Service from an individual contractor having threshold limit above 10,00,000. we are supplying all the materials like paints, cement, bricks etc. he is paying service tax ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... at the rate of 12.36 percent & this painting relates to Painting of factory walls, machinery, godown, office etc., we are taking Credit of these services in our books. but the audit team disallows it ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , Acc. to them painting services is not under renovation and modernization. Is Audit team points is right can we take credit of this service? Reply By Pradeep Khatri: The Reply: Dear Sir/Ma'am ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , In our opinion, it would tantamount to renovation services and credit would be available to you. Please contact us, if you need a detailed opinion in this matter. We remain. Team YAGAY & SUN (M ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anagement and Indirect Tax Consultants) X X X X Extracts X X X X X X X X Extracts X X X X
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