Factory Rent, Service Tax

[Susant Senapati]

Dear Sir,

My Company is Excise Unit, we are paying service tax 12.36 percent against rent bill,

kindly suggest can we take credit ?

Regards

Susant

Posts / Replies

[manju nath]

Yes sir you can avail service tax credit paid on rent as per cenvat credit rules.

[Ashok Jogalekar]

Provided the entire area is declared as manufacturing area in the plans submitted while obtaining registration. That is if any trading activity is carried out from the rented area, then proportionate credit is to be taken.