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
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Cenvat Credit on Works contract and Renting of house Propert
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If he has subletted the whole of the building, he will take credit of whole of service tax paid. Even when, he is using the part of the building for his own use in providing some output service, he will be taking complete credit.
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