CA Tejaswini Belose (CA) (66 Points)
29 April 2015Can we avail and utilize Cenvat Credit of Service tax on rent of office in a manufacturing industry?? Whether Input Service tax paid for Office rent can be utilized for Payment of Output Service tax ??? Is it directly or indirectly related to manufacture of products in manufacturing Industry???
Saurabh Maheshwari
(B.com,ACA)
(5923 Points)
Replied 29 April 2015
Ya credit can be taken because indirect nexus is there b/w manufacturing and adminstrative location.
Rachit
(Student)
(27 Points)
Replied 29 April 2015
Raj Dutta
(SERVICE)
(189 Points)
Replied 29 April 2015
Sandeep Jaswal
(A.M Accounts)
(23 Points)
Replied 06 May 2015
Sir,
My question is, we are running restaurent/Ac Dhaba in chandigarh, can we take service tax input on restaurent/Ac Dhaba billis which is book as expenses for exmple- service tax on professional's ,Telephone,Rent,Vehicel repiar & Maintance.
Regards
Sandeep Jaswal
Saurabh Maheshwari
(B.com,ACA)
(5923 Points)
Replied 07 May 2015
@ Sandeep , credit can be claimed in respect of Professional fees, telephone,rent,repairs provided you donot charge ST portion as expense and book the same as Cenvat Credit(Input Service)receivable under Current Assets....
Sandeep Jaswal
(A.M Accounts)
(23 Points)
Replied 07 May 2015
Saurabh Maheshwari @ 1 of my known CA Friend told me regarding this, Ac Dhaba/Restaurent can't take the credit of tax paid for the service received as professional & rent bills.
Pls clearify me (In A/c Dhaba/Restaurent Case)
Rachit
(Student)
(27 Points)
Replied 11 May 2015
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