Cenvat credit
This query is : Open
06 January 2017
Sir
A coaching institute is running its classes in a rented premises and is paying Service Tax on Rent to the building owner, and it is collecting Service Tax on Tuition Fee. Please clarify whether it can take credit of ST paid on rent while paying ST on Tuition fee to the govt.
A coaching institute is running its classes in a rented premises and is paying Service Tax on Rent to the building owner, and it is collecting Service Tax on Tuition Fee. Please clarify whether it can take credit of ST paid on rent while paying ST on Tuition fee to the govt.
06 January 2017
Yes, Input service tax credit is available in this case
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