Applicability of cenvat credit
This query is : Resolved
Yogesh Rathee
(Querist)
30 August 2007
Dear Sir,
Could you please explain me about the following matter:
if any manufacturing concern having income from letting out of property and charging service tax on the same and paying service tax on the showrooms it had hired for his business.
can the company take the cenvat of the service tax paid on rent and other services like telephone etc.
please provide me the information.
Thanks & Regards
Could you please explain me about the following matter:
if any manufacturing concern having income from letting out of property and charging service tax on the same and paying service tax on the showrooms it had hired for his business.
can the company take the cenvat of the service tax paid on rent and other services like telephone etc.
please provide me the information.
Thanks & Regards
Yogesh Rathee
(Querist)
30 August 2007
its urgent
Munish K Sharma
(Expert)
31 August 2007
Affirmative.
Shyam Lal Naik
(Expert)
31 August 2007
If the services are used for providing output services, than only credit can be taken.
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