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Renting of Immoveable Property

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..... Renting of Immoveable Property
Query (Issue) Started By: - Mangesh Lokre Dated:- 11-12-2010 Last Reply Date:- 11-12-2010 Service Tax
Got 1 Reply
Service Tax
Suppose, a person who has mult .....

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..... 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 .....

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..... 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 .....

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..... 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 .....

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..... 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 .....

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..... 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.
Discussion F .....

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..... orum - Knowledge Sharing .....

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