We are a construction company & going to sign a contract with a telecom company for intalling a tower on our roof.. for this we will charge rent and on that service tax will be payable. Now my ques is that whether we can take credit of service tax paid on input services (porfessional fees, labour charges etc which were utilised in construction of building)?
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Cenvat credit on renting of immovable property
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In case of construction contract, service provider can avail credit credit on capital goods & input services but not on input goods. So I think u can avail credit on input service.
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