Hi sir/ madam,
Plz let me know whether credit of service tax paid on renting of immovable property can be booked by a manufacturer or not.........
satish singh (chartered accountant) (46 Points)
12 December 2012Hi sir/ madam,
Plz let me know whether credit of service tax paid on renting of immovable property can be booked by a manufacturer or not.........
Subhasish
(Articled)
(27 Points)
Replied 12 December 2012
Yes. It is an instance of ST payment thus can be booked and subsequently utilized for CENVAT credit.
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