TMI BlogInput Tax CreditX X X X Extracts X X X X X X X X Extracts X X X X ..... sir .is Input Tax on the AMC charges paid for lift allowed? client has only rental income from commercial property for which he is paying service tax! - Reply By KUMAR Narasimhan - The Reply = ITC not allowed if input and input services used for repair of immovable property have been capitalized. lift will be part of building not plant and machinery and not eligible for ITC under section 17 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... [5][d] of the CGST Act,2017 - Reply By vignesh VSACCOUNTOPRIVATELIMITED - The Reply = sir iam asking in service tax era! - Reply By Rajagopalan Ranganathan - The Reply = Sir, In my opinion credit of service tax paid for AMC services provided to the lift located in a commercial property is allowable since the said service is used in providing renting of immovable (commercial) property serv ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ice which is liable to service tax. - Reply By KASTURI SETHI - The Reply = I am also of the same view as expressed by Sh.Ranganathan, Sir. Renting of Immovable Property Service cannot be provided without lift. So credit on AMC for repair of lift is admissible. - Reply By KASTURI SETHI - The Reply = Dear Querist, The following case laws can help you in this context:- (these are general and s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pecific) (i) M ahindra Mahindra Vs.CCE 2016 (6) TMI 1000 - CESTAT HYDERABAD (ii) CCE Vs.CCL Products 2010 (3) TMI 650 - CESTAT, BANGALORE (iii) Alliance Global Services 2016 (6) TMI 720 - CESTAT HYDERABAD (iv) Indus Towers Ltd. 2016 (1) TMI 1053 - AUTHORITY FOR ADVANCE RULINGS - Reply By KASTURI SETHI - The Reply = Dear Vignesh Ji, In order to strength your vie ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ws in your favour on merits, you are advised to go through the case laws relied upon in the above judgments. You will have to penetrate yourself to arrive at some concrete conclusion. - Reply By vignesh VSACCOUNTOPRIVATELIMITED - The Reply = thank u sir, can u also guide me a search engine for the above case laws. - Reply By Vishesh Goyal - The Reply = I agree with experts , AMC paid on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lift shall be covered under Blocked Credit , and consequently, ITC on such charges cannot be claimed. - Reply By KASTURI SETHI - The Reply = Sh.Goyal Ji, The querist is asking about Cenvat Credit (Service Tax paid on AMC on lift) and NOT about ITC. - Reply By KASTURI SETHI - The Reply = Sh.Vignesh Ji, Since you are a subscriber to TMI, make ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a personal request to the Chief Editor TMI to provide corresponding citations of TMI of case laws cited above. - Input Tax Credit - Query Started By: - vignesh VSACCOUNTOPRIVATELIMITED Dated:- 18-5-2021 Service Tax - Got 10 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - tax ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... managementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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