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CENVAT credit on service tax charged by estate agent

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..... CENVAT credit on service tax charged by estate agent
Query (Issue) Started By: - Yatin Bhopi Dated:- 30-12-2013 Last Reply Date:- 30-12-2013 Service Tax
Got 1 Reply
Service Tax
We are man .....

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..... ufacturer of organic chemicals. We are in the process of sale of our commercial property which was previously used as office premises, but this office is not in use since last 4-5 years. For the purpo .....

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..... se of selling this property we have hired service of estate agent. Now he has arranged for the sale of this property. My query is: Is CENVAT credit admissible on service tax charged by estate agent? .....

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..... Reply By Rajesh Nathoo: The Reply: Dear Mr. Bhopi, Legislature is already reuctant to allow credit on office related expenditures to manufacturers . In ur case , credit related to sale of office .....

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..... premises by no strech of imagination has nexus with manufacturing activities . So, I don,t think credit is admissible .
Discussion Forum - Knowledge Sharing .....

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