We are a service tax payer of rent of imoovable property to the deptt,my question is can i take a credit which we are paying for other services like cab facility.
19 August 2009
First of all renting of IP itslef is in doubt. If the tenants are paying pl ensure that all the payment are made under protest to enable refund without time limit. If you are paying the ST on rent the input services used for provding that sdervice / related to that busienss wouldbe eligible. If cab is used for business and your busienss includes renting then yes.