Service tax on lease rent
This query is : Open
JOBINI JOY
(Querist)
08 September 2015
A govt co. received lease rent in
cluding service tax.but the take cenvat crdit on the same.After service tax audit done,the dept raised that the company is not eligible for availing cen vat credit on the ground that the same is supporting service only.advice me
Jitendra Panwar, FCA
(Expert)
09 September 2015
To avail CENVAT credit it is must to show Service Tax on Duty Paying document. If TAx is not shown on invoice then CENVAT not availablle. Refere RULE 9 and Rule 4 of CENVAT Credit Rules 2004.
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