availing input credit of providing Rental Services, Service Tax

[MUNIRAJ SRINIVASAN]

one my client has paid construction/ lift services. he can avail input credit against providing the rental services. if it is possible which notification he can avail

Posts / Replies

[Ganeshan Kalyani]

Refer Cenvat Credit Rules 2002.

[KASTURI SETHI]

Cenvat Credit on 'Service portion of construction services' cannot be availed as input service for providing output service of 'Renting of Immovable Property Service'. It has been specifically excluded from the definition of 'input service' under Rule 2(L) (ii)(A) of Cenvat Credit Rules, 2004.

[Ganeshan Kalyani]

I agree with the reply submitted by Kasturi sir.