Factory Rent

[Guest]

Dear Sir,

My Company is Excise Unit, we are paying service tax 12.36 percent against rent bill,

kindly suggest can we take credit ?

Regards

Susant

AI Summary

Eligibility to Claim Service Tax Credit on Rent: Full Credit Only if Entire Area is for Manufacturing (CENVAT Rules). An individual inquired about the eligibility to claim service tax credit on rent for an excise unit. A respondent confirmed that service tax credit on rent can be availed according to CENVAT credit rules. Another respondent added that full credit is permissible only if the entire rented area is designated as a manufacturing area in the registration plans; otherwise, credit should be proportionate if trading activities occur in the rented space.