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CENVAT CREDIT TO DEVELOPERS, Service Tax

Issue Id: - 107066
Dated: 22-7-2014
By:- NANDKUMAR SAGWEKAR

CENVAT CREDIT TO DEVELOPERS


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Our client is builder / developer and paying the service tax under category Construction of residential complex . He pays service tax after taking abatement of 75% on amounts collected from the prospective buyer. He is also availing services of other subcontractors who are registered Service tax assessees and charging service tax @12.36% in their invoices. These sub contractors are purely service providers . Entire materials is supplied by our client ( developer / builder ) . In this case whether this Builder / Developer can avail the cenvat credit on services availed for construction of residential complex. The services availed are mainly plastering, slabs , floor tiling on labour charges basis.

We require your expert opinion , on this subject

Thanks

Posts / Replies

Showing Replies 1 to 3 of 3 Records

Page: 1


1 Dated: 23-7-2014
By:- CA SOHRABH JINDAL

Yes your client can take cenvat credit of input services. your client is not allowed to take cenvat of inputs.


2 Dated: 23-7-2014
By:- CA SOHRABH JINDAL

see entry no 12 of notification no 26/2012 (as amended up to date)


3 Dated: 30-7-2014
By:- NANDKUMAR SAGWEKAR

Thank you very much Sir for your advice


Page: 1

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