my client has Collecting commercial complex rent and service tax from customers he can avail service tax input credit for renovation of same complex and contruction service tax input credit which has been paid earlier
Input credit of Construction service
MUNIRAJ SRINIVASAN
No Input Credit Allowed for Service Tax on Renovation of Commercial Complex, Clarifies Current Law. A user inquired whether a client, who collects rent and service tax from a commercial complex, can avail input credit for service tax paid on renovation and construction services for the same complex. The response provided clarified that such an adjustment is not permissible under the current service tax laws and provisions. (AI Summary)