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adjustment of service tax

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(Querist)
21 October 2009 whether service tax paid on rented premises in cash of a beauty parlour be set off against the service tax charged from customers.
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Shyam Lal Naik

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Shyam Lal Naik (Expert)
21 October 2009 Sir,

Since the premise is being used for providing output service, set off is permissible.
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amit aggarwal

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amit aggarwal (Querist)
22 October 2009 sir,

can v setoff 100% or not.
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Shyam Lal Naik

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Shyam Lal Naik (Expert)
22 October 2009 A straight answer is not possible without complete information, specially in the light of Rule 6 of Cenvat Credit Rules.
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