SERVICE TAX CREDIT, Service Tax

[SURYAKANT MITHBAVKAR]

We have registered under Service Tax Act under category as Renting Immovable Property.

We had issued service tax Invoice with service tax against rent receivable from our tenants.

Since we are proprietory concern can we take input service tax credit such as professional service

rendered by our consultants,etc.

Can we adjusted that input credit against our service tax payable on Rent receivable from tenants.

Pl. advice us.

Posts / Replies

[MUKUND THAKKAR]

Sir,

you are not specify service which services rendered by you.

[Naveed S]

Yes, provided the services rendered to you are specifically in relation and having nexus to renting of immovable property services,