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input on renting imoveble properties

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..... my godwon on rent basic and 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 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 taxab .....

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..... le services to take credit and 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 far 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 .....

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..... , insurance etc. Your question is whether 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 2004 but still the input services should be 'used for providing output services'. In the contrary situation, availability of Cenvat is dangerous. - input on ren .....

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..... ting imoveble properties - Query Started By: - pankaj joshi Dated:- 3-12-2010 Service Tax - Got 2 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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