Sunday, 4 October 2015

TeleCos can avail credit of input services used for erection and installation of towers

Cenvat Credit : Prima facie, telecom service providers : (a) cannot take input or capital goods credit of credit of tower parts and shelters; however, (b) may take credit of 'Erection, Installation and Commissioning' and 'Commercial or Industrial Construction' services used for erection and installation of towers and shelters

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