Service TAx Credit

Ami Parekh (Querist) 22 October 2009 This query is : Resolved
hi.......

Dear Expert we pay service tax on the rent of our office till June 2009 after which the service tax on rent is removed but can we take credit of service tax paid on rent till June as our business is of Business Axillary services.

Please guide.

Thanks & Regards
Ami

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A V Vishal (Expert) 22 October 2009
Ami

There is only a stay as the matter is before the Supreme Court, payment of Service tax on rent is subject to the final verdict, taking credit is subject to court's order you need to wait & watch.

Raj Kumar Makkad (Expert) 22 October 2009
Despite of stay, you can take its credit and need not watch till final decision.

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