Cenvat Credit of S T paid on Rent of Immovable Property

[Guest]

Whether Service Tax Paid on  Rent of Immovable property can be claimed as CENVAT Credit? If Yes from which Date?

 

[YAGAY and SUN]

From the date of levy, it was available as CENVAT credit on input services, subject to the provisions of CENVAT credit Rules, 2004 as amended from time to time.

AI Summary

Cenvat credit on service tax paid for rent of immovable property available as input service subject to rules. Service tax paid on rent of immovable property qualifies as CENVAT credit in respect of input services from the date of levy, subject to compliance with the CENVAT Credit Rules and their subsequent amendments and applicable conditions and restrictions.