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Renting of immovable property

This query is : Resolved 

Querist : Anonymous


Querist : Anonymous (Querist)
Hi all,


My co. has a building in delhi. it is taken on rent by other co. now my co. doing some work contract on that building can he avail cenvat credit on work contract ???????????


Thanking you.......


It the works contract for repair, renovation of office, CENVAT credit would be available. However, in case you are setting up of business, then department could deny the credit.


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