immobile property - credit

[Rajan Rajan]

Dear Sirs,

Renting of immobile property services are eligible for service tax credit. If any case laws is there pls provide

[DR.MARIAPPAN GOVINDARAJAN]

Please clarify whether you rent the immovable property to others or you got the rented immovable property from others

AI Summary

Service tax credit on renting immovable property depends on whether you lease out or procure the property for use. Eligibility for service tax credit for renting immovable property depends on whether the taxpayer rents out property to others or obtains rented immovable property from others, because input credit entitlement turns on the provider/recipient relationship and the use of the service in taxable business operations.