Sir
We have paid the Service tax on AMC of Lift and we are in the education Institute .We have paid the service tax on the AMC . And we are paying the service tax on our Rented Buildings.Can We adjust the service tax paid by us on AMC from our Rent Service tax payable.
Thanks
Rajesh Kumar
Service tax adjustment query: whether service tax on equipment AMC can be set off against rent-related service tax liability. Whether service tax paid on an Annual Maintenance Contract (AMC) for a lift by an educational institute may be adjusted against service tax payable on rented buildings is posed as the operative question; the sole reply seeks clarification of the nature of the education courses conducted. (AI Summary)