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Persons providing Renting of Immovable Property Services can avail Credit of Tax paid on Construction Services

The Chennai CESTAT in M/s. Sree Annapoorna Gowrishankar Vs. CCE, Coimbatore  held that assesses engaged in providing renting of immovable property services can avail credit of service tax paid on construction services. Appellant-Assessee was engaged in providing renting of immovable property services. The department during the course of audit, noticed that the assesse had availed credit of the service tax paid on construction services. Consequently, it demanded the irregularly availed credit along with interest and also imposed penalties.

The order was upheld by the appellate authority on first appeal.

Article referred: http://www.taxscan.in/persons-providing-renting-immovable-property-services-can-avail-credit-tax-paid-construction-services-cestat/10509/

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