Service tax credit in respect of renting of immovable proper

This query is : Resolved 

05 December 2012 Hello people I Have following question-

I Have purchased a commercial premises for which i have paid service Tax to builder and also agreement disclose the service tax amount so paid to him.

I have leased the premises to a corporate office against which i am collecting the service tax - Can i able set off service tax paid to builder against service tax collected form renting of immovable property.

Please help me out........................

08 December 2012 CENVAT credit not available.


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