Dear All ,
In business of professional services, suppose if one has purchased office and builder has charged service tax on purchase of immovable property, one can claim cenvat credit against service tax payable by him on his professional services. - ?
Regards
The credit on such construction service has been specifically barred in the Rules. Therefore presently not eligible.Maybe eligible under GST in future.
Shyam S Gupta and Company
New Delhi
CA Inter
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Malhotra Rajesh & Associates
New Delhi
B.Com
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Varma Raja & Associates
Thrissur
CA Inter
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Arpan Bohra & Co
Hyderabad
CA Inter
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CCI
Pro
CAclubindia
