Renting Of Immovable Property

This query is : Resolved

shrikant shahir gharat (Querist)
Follow

10 July 2008 Dear Management,

Fact : Assesse has been engaged in output service as well as manufacturing activity since last many years . Being an Out put service provider (Technical Testing And Analysis )assesse has availed crdit on services namely (Renting Of Immvable Property ) bills.
Question : assesse has been providing service of Technical Testing And Analysis from the premises, which assesse has obtained on rent ,whether credit of service tax paid on renting bills available to assesse as input service?

Kindly reply

Regards
Shrikant Gharat.

Sanjeev Kumar Varshney

Sanjeev Kumar Varshney (Expert)
Follow

10 July 2008 As assesse is running business from that rented property, it will be treated as input service.
In my opinion, the service tax on rent paid for building will be eligible for cenvat credit. If it is not available to you then no company can take cenvat credit as there are many other services which are performed through rented properties like Office of CA, Labs etc

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

T E SOUNDARARAJAN

HITESH NIRANJAN SAHU

Ishwar Radhakisan Tawani

RAJ SANKLECHA

Aakash Kumar

Subscribe Now

Renting Of Immovable Property

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Accountant

GST CONSULTANT

CA Final

GST CONSULTANCY

Manager- Finance and Compliance

Senior Executive