https://www.taxtmi.com/forum/issue?id=3478 Service tax on renting of immovable property is being imposed and litigated; landlords charging it should register and issue tax invoices. Tenants using rented factory premises may claim CENVAT credit if the premises are used in taxable manufacture or services, so paying the charged tax and claiming input credit is commercially prudent. Adopting a reverse charge arrangement is suggested to ensure clear payment records and simplify potential refunds if the levy is later invalidated. Commentary questions whether letting constitutes a taxable service, arguing rent is primarily compensation for capital and risk rather than a value-adding service by landlords. en-us Thu, 06 Oct 2011 10:51:38 +0530 Thu, 23 Jan 2025 15:58:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=3478 Service tax on renting of immovable property is being imposed and litigated; landlords charging it should register and issue tax invoices. Tenants using rented factory premises may claim CENVAT credit if the premises are used in taxable manufacture or services, so paying the charged tax and claiming input credit is commercially prudent. Adopting a reverse charge arrangement is suggested to ensure clear payment records and simplify potential refunds if the levy is later invalidated. Commentary questions whether letting constitutes a taxable service, arguing rent is primarily compensation for capital and risk rather than a value-adding service by landlords. Discussion-Forum Service Tax Thu, 06 Oct 2011 10:51:38 +0530 https://www.taxtmi.com/forum/issue?id=3478