GOOD EVENING TO ALL EXPERTS,
I AM AGAIN HARE TO GET YOUR VALUABLE REPLY. EXPERTS OUR HEAD OFFICE IS SITUATED IN DELHI AND RENTED. WHICH RENT IS PER MONTH IS 1 LAKH. MY QUESTION IS THAT CAN WE TAKE CENVAT CREDIT OF SERVICE TAX IF BILL IN THE NAME OF BRANCH ( FACTORY)
CENVAT Credit Eligibility for Rent: Head Office Must Register as Input Service Distributor to Avoid Litigation A discussion on a forum involves a query about the eligibility of CENVAT credit on service tax for rent paid by a company's head office in Delhi, which is billed to one of its factories. The consensus among experts is that CENVAT credit can be availed if the head office is registered as an Input Service Distributor (ISD). If the rent bill is in the factory's name, the credit can be directly availed by the factory. However, if the head office is not registered as ISD, taking credit could lead to litigation. The discussion highlights the importance of proper registration and billing practices. (AI Summary)
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