9911796707
TMI BlogINPUT ON WORK CONTRACT SERVICE TO CLUBX X X X Extracts X X X X X X X X Extracts X X X X ..... INPUT ON WORK CONTRACT SERVICE TO CLUB X X X X Extracts X X X X X X X X Extracts X X X X ..... UB CHARGING SERVICE TAX ON MEMBERSHIP FEES /BUILDING FUND CAN CLAIM BENEFIT OF INPUT SERVICE TAX PAID ON WORK CONTRACT FOR CONSTRUCTION OF ITS BUILDING Reply By Naveed S: The Reply: Sir, In your ca ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... se, Input service credit is not admissible for construction or execution of works contract of a building or a civil structure or a part thereof. Reply By PAWAN KUMAR: The Reply: Dear Sir, No, servi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ce tax paid on the service portion execution in a work contract is in exclusive part of the definition of input services under rule 2(l) of Cenvat Credit Rules, 2004 , Therefore Cenvat credit will not ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... be admissible of such service tax paid. Reply By deepak gulati: The Reply: WE ARE RECEIVING BUILDING FUND FROM OUR MEMBER AND CHARGED SERVICE TAX ON THE SAME. CAN WE TAKE INPUT CREDIT OF WORK CONTR ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ACT , AS WORK CONTRACT SERVICE ARE USED FOR PROVIDING CONTRACTION SERVICES TO OUR MEMBER. Reply By Naveed S: The Reply: Sir, Cenvat credit on Work Contract Service is admissible only if output serv ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ice is Work Contract Service or Construction Service.
Hence in your case, such credit is not admissible.
Reply By MARIAPPAN GOVINDARAJAN:
The Reply:
I agree with the views of experts. X X X X Extracts X X X X X X X X Extracts X X X X ..... n Forum - Knowledge Sharing ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
