TMI BlogRenting of Immoveable PropertyX X X X Extracts X X X X X X X X Extracts X X X X ..... Renting of Immoveable Property X X X X Extracts X X X X X X X X Extracts X X X X ..... iple Properties which he is providing to other person for commercial purpose. Since the scope of business is huge, he had a Office where all the acccounting of all these rentings are taken care. To r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... un this office, he had taken various equipment ( Capital Goods ) including telephone, internet,computers, softwares, ACs etc. My question is whether the cenvat credit taken ( CVD,SAD etc ) on office ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... equipment can be utilised for payment of Service Tax on the Output service ( renting of immoveable property ) ? Please guide with relevant case law/circular Reply By rishi mohan: The Reply: Definit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ely sir if the input services are wholly used for the business purpose then the credit for the same shall be taken. A relation should take place while availment of cenvat credit. In the above case, c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... envat credit of input services on telephone, internet, computers, softwares, ACs shall be taken and same shall be utilised while making a payment of Service Tax on the output service. X X X X Extracts X X X X X X X X Extracts X X X X ..... orum - Knowledge Sharing ..... X X X X Extracts X X X X X X X X Extracts X X X X
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