21 February 2011
A Private Limited Company has given a commercial place on rent in Faridabad @ Rs. 2 lacs + service tax per month and take a commercial place in Delhi on rent @ Rs. 1.5 + service tax per month. Can we claim the cenvat credit of service tax.
22 February 2011
Taking premise on rent is an input service. If this service has been used exclusively for non-taxable activity, cenvat is inadmissible. ie. if the your are carrying on non-taxable activity in Delhi office, no cenvat credit is available.