https://www.taxtmi.com/forum/issue?id=106295 Cenvat credit may be applied only against output service liabilities arising after the taxable service is rendered; accumulated credits from periods without taxable services cannot be utilised. Credits with a direct nexus to the leased division (e.g., security, telephone) may be admissible, while manpower services lacking nexus to leasing are ineligible. Property taxes paid may be deducted from the gross value of leasing services when computing the taxable base, and export related input service tax may be recoverable via refund procedures. en-us Mon, 09 Dec 2013 11:18:32 +0530 Thu, 23 Jan 2025 15:57:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=106295 Cenvat credit may be applied only against output service liabilities arising after the taxable service is rendered; accumulated credits from periods without taxable services cannot be utilised. Credits with a direct nexus to the leased division (e.g., security, telephone) may be admissible, while manpower services lacking nexus to leasing are ineligible. Property taxes paid may be deducted from the gross value of leasing services when computing the taxable base, and export related input service tax may be recoverable via refund procedures. Discussion-Forum Service Tax Mon, 09 Dec 2013 11:18:32 +0530 https://www.taxtmi.com/forum/issue?id=106295