Cenvat of goods/ service used in construction of rented property allowed

Advertisement Urvashi Porwal Brief of the Case In the case of Nirlon Ltd. Vs. Commissioner of Central Excise,Mumbai, it was held that CENVAT credit of goods and services used to build an immovable property can be availed when such property has been given on rent and service tax liability is discharged on such rent received. Facts of the Case The relevant facts that arise for consideration are appellant herein had availed CENVAT credit of the service tax paid on the input services, goods and used the same for discharging service tax liability under the category of “Renting of Immovable Pro...