Centvat credit on renting of immovable property

Dear Sankar,

you are providing output Service and so you are entitled to take Cenvat Credit of the service Tax paid.

but prabhat sir, the 1st item of the query is with regards to immovable property i.e. Installation of lift and the same is exclusivily kept out of service tax credit, which is logical also, because the service tax credit/excise input should be allowed only on manufacturing/servicing of movable items.

Since you are providing an output service and paying the Service tax,you are entitled to take credit of the Service Tax paid for providing output service i.e renting of immovable property.

As per the recent ruling of Tribunal in case of Oberoi Mall Ltd Vs Comm. of Service Tax [2013],

Input service used in construction sector can be utilized for discharging ST liability on renting of Immovable property.

Hence you are entitled to set off service tax paid under all above points against you service tax liability.