Service tax input credit available ??

488 views 1 replies

Dear All,

I am Having a Property Which I Have Given on Rent and on which I am Collecting Service tax as well and Paying to Government.

Recently I Have Started to Construct Building. Service tax is Levied by Respective Service Provider in Respect of Construction of Building.

 

So I Have to Pay Service tax on all these Bills.

 

Now My Question is Can I Take Service tax Credit of All these Service tax against the Service tax I am Colecting by Renting out the Property ?

 

Please Help

Replies (1)

No, Chetan. You cannot utilise your cenvat credit of service tax on construction of building paid to providers against output liability of service tax collected from tenants as the input service is not used to provide taxable output services.

Thanks,

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details