banner_ad

Input Credit of Service Tax on Factory Rent

This query is : Resolved 
Profile Image

Profile Image

(Querist)
21 January 2011 Sir,
We are a Manufacturing unit covered under Excise but presently is not registered for Service Tax.
We are now being charged with service Tax on Factory rent.If we take service tax registration,can we use this input to offset Excise payments?(like we take Modvat credit on purchases)??
Please guide me.

Raj Shekhar Nair
Profile Image

Rahul Vora

Profile Image

Rahul Vora (Expert)
24 January 2011 Mr. Raj,

You can take service tax credit for service tax paid on factory rent and utilise the same against your excise payments. And, taking service tax credit and offsetting the same against payment of excise does not require you to take services tax registration.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details