Renting of Immovable Property

[PARVEEN ARORA]

Sir

One of the Limited company is getting the rent from immovable property as manner

Rent                                 Rs.180 Per sq eet

Maintenance Charges  Rs. 40 per sq feet  and total comes to Rs.220 per sq feet plus service tax @12.36%

Input Credit was on these services

1) AMC       2)  Cleaning Expenses (House Keeping)   3)   Security Guard

Whether Credit of all three expenses can be taken on whole service tax payable (on 180+40 =220 *12.36% =27.19) or we have to segregate the availment only against service tax payable on maintenance charges i.e (40*12.36% = 4.94)

Kindly give your valuable opinion.

Thanks & regards 

 

 

 

AI Summary

Cenvat credit entitlement: input service credits available for AMC, cleaning and security against renting service tax liability.
Service tax on renting of immovable property is payable on the gross amount charged, including rent and maintenance, with a proportionate property tax deduction allowed before computing taxable value. Cenvat credit under the rules can be availed for input services such as AMC, cleaning and security where those services are directly used in providing the renting service and satisfy the nexus and documentation requirements.