Cenvat credit on renting of immovable property
This query is : Resolved
30 August 2015
I wanted to ask query for one of my client that he owns immovable property which was he rented out to bank and charge a service tax on it now another property on which he pay the rent and service tax. Both transaction are belong to same firm. can i take cenvat credit of renting of immovable property against service tax payable on renting of immovable property. If yes why if no why?
31 August 2015
The cenvat credit will not be available.
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