Eligibility of input credit
Querist : Anonymous
Query relating to eligibilty of Input tax credit:
X ltd is a manufacturing Company situated in chennai . It has Branches in other states for Selling the products . X Ltd has been paying the rent of branches situated in Other states.whether X ltd can adjust service tax on rental portion while paying Excise Duty . X ltd does not have a service tax liability .
Querist : Anonymous
Thanking for the reply,
But I am in still confusion about this , Those rental activites as said above all are after removal of goods from factory, Selling of products through branchs( service tax on rent ) are not related to manufacturing activity . Can u just explian about this
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