An Company having Property which is rented in one city(Like Mumbai) & Having rented income (Including Service tax) from Rented Premises,Whether Company having registered office at New Delhi can claim Cenvat credit on Expenses like(Service tax paid on Telephone Expenses,Legal Expenses,Advertisement Expenses) from Service tax collection on Rented Premises.For Example:- Company Having a property in Mumbai & Getting rent of Rs. 5000000/- & Service tax on it @ 10.3% i.e.515000/- on yearly Basis. & Company having registered office at Delhi Paying service tax on Telephone Expenses,Legal Expenses at Delhi office of Rs. 4000000/- & Service tax on it @ 10.3% i.e.412000/- Whether Company Can Pay to Service tax Department Service tax of Rs. (515000-412000)-103000/- at Delhi .Company having service tax registration number only at Delhi office including services of GTA & Rented on Immovable Property ,There is no other income of rented premises at delhi but registered in category of Rented on Immovable Property only for Mumbai Property which is rented.
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CAclubindia
