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Cenvat credit on leasehold work on rented property

This query is : Resolved 

16 February 2015 Pvt. Ltd. company purely online education service provider can avail cenvat credit on leasehold work i.e. wooden/paint/fixed furniture for 5 year rent agreement.

Can we take benefit on RCM and other input service tax charged by the party.


16 February 2015 Company can take CENVAT Credit of Repair and Maintenance services, whether it is paid under RCM or paid to service provider.

16 February 2015 It is a leasehold improvement capital expenditure, can we take same benefit on RCM and input service tax.


16 February 2015 yes you can take credit, the basic condition is the input service must be used in providing output service (except some exceptions in rule 2).



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