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Hello Friends,
My query is service taken on construction of building which was subsequently let out. Is input of service tax on input service is available for payble of service tax on rental income??
If yes give me the notification or context of law in this matter..... :)
Thankx in Advance |
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Sir,
No Credit of construction service (pure construction, works contract construction, under cconstruxtion purchase) shall be admissible- rule 2(l) excludes these services from eligible Input service. however credit of tax paid on reas estate agent services, lawyer services, gardening services, maintenance services etc admissible.
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