Cenvat Credit on Works contract and Renting of house Propert

VIJAYA KUMAR REDDY P (CA) (51 Points)

30 March 2009  

One of my client has taken a house property on rent and has subletted it to the other.he is collecting Service tax on the rent which is collecting and also paying service tax to the owner of house property. please suggest me can i take cenvat credit on the whole of service tax paid or to the extent of 20% of service tax payable