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    <title>CBEC clarifies the issue of Cenvat Credit for the purpose of payment of Service on Renting of Immovable Property</title>
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    <description>The right to use immovable property is leviable under renting of immovable property service, and construction or works contract services are inputs for the immovable property; however, because immovable property is neither a taxable service nor goods subject to excise, input Cenvat credit for those construction-related services cannot be availed under the CENVAT Credit Rules.</description>
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      <description>The right to use immovable property is leviable under renting of immovable property service, and construction or works contract services are inputs for the immovable property; however, because immovable property is neither a taxable service nor goods subject to excise, input Cenvat credit for those construction-related services cannot be availed under the CENVAT Credit Rules.</description>
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      <pubDate>Sat, 05 Jan 2008 08:01:00 +0530</pubDate>
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