TaxTMI 
TaxTMI 
TaxTMI 
Renting of Immoveable Property
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....enting of Immoveable Property<br> Query (Issue) Started By: - Mangesh Lokre Dated:- 11-12-2010 Last Reply Date:- 11-12-2010 Service Tax<br>Got 1 Reply<br>Service Tax<br>Suppose, a person who has multi....
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....ple Properties which he is providing to other person for commercial purpose. Since the scope of business is huge, he had a Office where all the acccounting of all these rentings are taken care. To ru....
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....n this office, he had taken various equipment ( Capital Goods ) including telephone, internet,computers, softwares, ACs etc. My question is whether the cenvat credit taken ( CVD,SAD etc ) on office e....
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....quipment can be utilised for payment of Service Tax on the Output service ( renting of immoveable property ) ? Please guide with relevant case law/circular Reply By rishi mohan: The Reply: Definite....
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....ly sir if the input services are wholly used for the business purpose then the credit for the same shall be taken. A relation should take place while availment of cenvat credit. In the above case, ce....
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....nvat credit of input services on telephone, internet, computers, softwares, ACs shall be taken and same shall be utilised while making a payment of Service Tax on the output service.<br> Discussion Fo....
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