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    <title>Service Tax Credit on Rent received</title>
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    <description>CENVAT credit on service tax paid for rented premises is allowable only to the entity that uses the service for manufacture of excisable goods; portions of the depot occupied by separate subsidiary companies cannot be claimed as credit by the lessee. If the lessee itself uses part of the premises for excisable manufacture it may claim proportionate credit, but no credit is available where the lessee&#039;s goods are wholly exempt from excise.</description>
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      <description>CENVAT credit on service tax paid for rented premises is allowable only to the entity that uses the service for manufacture of excisable goods; portions of the depot occupied by separate subsidiary companies cannot be claimed as credit by the lessee. If the lessee itself uses part of the premises for excisable manufacture it may claim proportionate credit, but no credit is available where the lessee&#039;s goods are wholly exempt from excise.</description>
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      <pubDate>Wed, 30 Sep 2015 12:51:44 +0530</pubDate>
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