Availment of Service tax credit

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..... Availment of Service tax credit
Query (Issue) Started By: - SANDESH SHINDE Dated:- 11-9-2015 Last Reply Date:- 11-9-2015 Central Excise
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Central Excise
Dear Sir, We are a mfg co and we as a Head office are registered under Service tax as a ISd Please explain whether we can avail Service tax credit on Painting and repairing of walls service under works contract service and .....

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..... furhter of Carpentary Service as a input service. Reply By Rajagopalan Ranganathan: The Reply: Sir, According to rule 2 (l) of CENVAT Credit Rules, 2004 "input service" means any service, - (i) used by a provider of 26[output service] for providing an output service; or (ii) used by a manufacturer, whether directly or indirectly, in or in relation to the manufacture of final products and clea .....

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..... rance of final products up to the place of removal, and includes services used in relation to modernisation, renovation or repairs of a factory, premises of provider of output service or an office relating to such factory or premises, advertisement or sales promotion, market research, storage up to the place of removal, procurement of inputs, accounting, auditing, financing, recruitment and quali .....

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..... ty control, coaching and training, computer networking, credit rating, share registry, security, business exhibition, legal services, inward transportation of inputs or capital goods and outward transportation up to the place of removal. But the same rule but excludes, (A) service portion in the execution of a works contract and construction services including service listed under clause (b) of .....

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..... section 66E of the Finance Act (hereinafter referred as specified services) in so far as they are used for - (a) construction or execution of works contract of a building or a civil structure or a part thereof; or (b) laying of foundation or making of structures for support of capital goods. In view of the above credit of service tax paid on repairing the building of you factory or premises fro .....

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..... m where output service provided is available. But in respect of carpentry service if it is in the nature repairing the existing wooden works the same is available. If it is for creation of new assests then the credit is not available.
Discussion Forum - Knowledge Sharing .....

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