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TMI BlogCENVAT creditX X X X Extracts X X X X X X X X Extracts X X X X ..... CENVAT credit X X X X Extracts X X X X X X X X Extracts X X X X ..... rent for out sourcing business?? Reply By Rajagopalan Ranganathan: The Reply: Sir, Please explain what is meant by rent for out sourcing business. Reply By KASTURI SETHI: The Reply: Basic crite ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ria is that ST must be paid on input service and that input service should be used for providing taxable output service. Input service should conform to the definition under Rule 2(I) of Cenvat Credit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Rules. It should not fall in the exclusion clause. Presuming that you are talking about ST paid on renting of premises, 'renting of immovable property services' is not in the exclusion catego ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ry. Now you are to see whether you fulfill above parameters. Reply By Ganeshan Kalyani: The Reply: Pls elaborate your query a bit more so as to enable us to present our views on the same. However if ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... you follow the guidance of Sri Kasturi Sir your query will be resolved. Thanks Reply By MARIAPPAN GOVINDARAJAN: The Reply: What is the service provided by you? For what purpose you are paying rent ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ? X X X X Extracts X X X X X X X X Extracts X X X X
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