TMI BlogRenting of Immoveable PropertyX X X X Extracts X X X X X X X X Extracts X X X X ..... Suppose, a person who has multiple 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rentings are taken care. To run this office, he had taken various equipment ( Capital Goods ) including telephone, internet,computers, softwares, ACs etc. My question is whether the cenvat credit ta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ken ( CVD,SAD etc ) on office 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rishi mohan - The Reply = Definitely 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 ce ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nvat credit. In the above case, cenvat 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the output service. - Renting of Immoveable Property - Query Started By: - Mangesh Lokre Dated:- 11-12-2010 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply pos ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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