Whether VAT is deductible for Valuation of Services?

B. R. Passey (Querist) 22 October 2009 This query is : Resolved
Whether amount of VAT paid/payable is deductible alongwith CENVAT credit of Inputs and Input Services, while computing the value of taxable services of a Composite Works Contract definable under Erection, Commissioning & Installation Services?

Please note that amount of VAT is deductible in computation of Services under Works Contract Services and in the same manner VAT should also be allowed as deductible!

B R Passey

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Sudharsan.m (Expert) 22 October 2009
CENVAT credit available only to the INPUTS

B. R. Passey (Querist) 22 October 2009
Thanks for prompt reply.

I am concerned about VAT under Commercial Tax (Sales Tax)which is deductible under Works Contract Services considering not a part of Services.

B R Passey

adv. rajeev ( rajoo ) (Expert) 22 October 2009
If you are regd., under VAT u r entittle for the inputs for the services rendered.

Raj Kumar Makkad (Expert) 22 October 2009
I go with Rajeev's opinion.

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