Availing input creidt on rental service tax

SRINIVAS.G. (Accountant) (44 Points)

25 March 2016

namaste all,

can service tax credit on rent paid before( before 10 lakhs) threshhold limit can be availed agaist payment of service tax after threshhold limit

Reply
Follow
Share

2 Replies

CMA Poornima Madhava (CMA) (13112 Points)
Replied 25 March 2016

As I understand, input service credit relating to exemption period cannot be availed after crossing the limit.

1 Like

Saket Agarwal (Chartered Accountant) (274 Points)
Replied 26 March 2016

Cenvat credit relating to services received prior to the date on which Rs. 10 lakhs threshold limit was crossed can not be availed.

Please refer the condition number (iv) mentioned in Notification 33/2012.

1 Like

Start a New Discussion