Cenvat credit rules
vwxyz@rediffmail.com
(Querist) 27 April 2013
This query is : Resolved
one of the assesee is providing I.T. services and the entire of them are exempted as export of services. He has availed various input services for the performance of this service. He is also getting rental income chargeable for service tax under 'Renting of immovable properties'on which he is liable to pay service tax.
Now my doubt is whether can he avail the input service credits for paying the dues under renting of immovable properties. I could not find any bar in the cenvat credit rules for availing the credit or for utilising for all services. I request the experts' opinion whether I am in the right path.
Pl educate me.
J. Giridharan
Raj Kumar Makkad
(Expert) 02 May 2013
Some tax lawyers are also active on this site. Better to post this query in their PM.
