New User / Register || Book Marks || Annual Subscription || Feed Back ||
Login: Stay
|| Forget Password ||
     
TMI - Tax Management India. Com  

Recent Discussionss:

Franchise fee Service tax RCM Excise Duty Applicable reconcile er1 returns with trial balance/balancesheet Sale of Machinery by SEZ Unit to EOU Two companies in different states c form issued with purchase value excluding cst2% tax amt input tax credit vat annual return filling Import license for restricted items
 
Discussions Forum
Home Forum Service Tax Month 3 2012 2012 (3) This
← Previous Next →
 

Service Tax on immovable property - Service Tax

 
Issue Id: - 3874
Dated: -02-03-2012
By:- Ashok Chopra
Service Tax on immovable property

1.  Service tax on rent of retail show room is not paid since last two years.  now land lord is asking to pay arrear.  can i take benefit now in my other business of manufacturing.  name of the company and code number is same and all branches are registered in registration certificate.

Post Reply
 
Previous Posts


Dated: - 02-03-2012
By: - Naveed S

Yes, service tax paid on rent of retail show room can be availed and utilized.

However, only condition to be satisfied here is that some direct/indirect activity of your other business of manufacturing, is also carried out from the said retail show room.




Dated: - 03-03-2012
By: - Pradeep Khatri

You would have to establish nexus with your manufacturing activities to avail the benefits of CENVAT credit.  Further, for arrears, you would have to pay interest @ 13% and @ 18% accordingly.


 
 
Previous Next

 

what is new what is new

UpdatesKnowledge SharingSubscription CommunicationNewslettersMore Options



Go to Mobile Website Go To Top
© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.