Service tax

Biswajit Dey (Working on Accounts and Taxation )   (33 Points)

02 March 2015  

Dear Sir,

We are running a hotel in lease  with all service like, accmodation , restaurent and mandap keeper  ect  and collecting service tax at abatement rate  . The Lessor has charged service tax on rent of Rs.300000/-+ ST 12.36 % .

Now my question  whether can we avail cenvat credit of service tax paid on lease rent and can adjust the same with service tax collected.

Pleaase provide your valiable solution.

Thanks

 

Biswajit Dey