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input on renting imoveble properties

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..... input on renting imoveble properties
Query (Issue) Started By: - pankaj joshi Dated:- 3-12-2010 Last Reply Date:- 4-12-2010 Service Tax
Got 2 Replies
Service Tax
my godwon on rent basic a .....

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..... nd recived rent and pay service on rent i am input on service tax paid to security service, telephone, insurance for godwon, pl Reply By CA Rachit Agarwal: The Reply: You can avail the Cenvat Credit .....

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..... for the service tax paid on the input services- security service, telephone, insurance. As per Rule 3(1) of Cenvat Credit Rules, 2004 which allows the provider of taxable services to take credit and .....

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..... further Rule 3(1)(ix) of Cenvat Credit Rules, 2004 allows for credit to be take the service tax paid. Reply By Brijesh Verma: The Reply: Dear Mr. Joshi, Though the query ain't very clear but as fa .....

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..... r as I could understand, you have given your godown on rent and receive Service Tax on such rent and at the same time pay service tax on security service, telephone, insurance etc. Your question is wh .....

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..... ether you can avail Cenvat Credit on such services or not. I would suggest you to please check the nexus between the input & output services. Though one-to-one correlation is not necessary now since .....

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..... 2004 but still the input services should be 'used for providing output services'. In the contrary situation, availability of Cenvat is dangerous.
Discussion Forum - Knowledge Sharing .....

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