Cenvat credit on purchase of commercial property

Queries 418 views 1 replies

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

Replies (1)

The credit on such construction service has been specifically barred in the Rules. Therefore presently not eligible.Maybe eligible under GST in future.


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