St cenvat credit on shop purchase
This query is : Resolved
27 October 2015
Dear experts,
I had purchased shop on which i had also paid ST charged by builder,
However i can't avail ST cenvat credit for the same, can any experts explain me why no cenvat can be availed despite provided that the shop is to be used for office purpose to provide the output service,
Thanx in advance
Regard
Kankit kumar
I had purchased shop on which i had also paid ST charged by builder,
However i can't avail ST cenvat credit for the same, can any experts explain me why no cenvat can be availed despite provided that the shop is to be used for office purpose to provide the output service,
Thanx in advance
Regard
Kankit kumar
27 October 2015
Cenvat credit rules specifically not allows such claims. It is specifically excluded from the definition of input services.
27 October 2015
sir, if it is excluded under the definition of input service then why service tax department allow ST credit paid on hotel bill, restaurant bill, i think expenditure also not mandatory to provide the output service.
27 October 2015
ST credit on Hotel bill and restaurant bill is allowed only when the stay is for providing out put service.
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