Easy Office

Service tax applicability

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
03 July 2015 Dear Experts
Our company is collecting rent from our customers and also collecting service tax on such rent. As per the agreement if the client pays the rent after the due date the company collects a charge (penalty). Is service tax is applicable on such penalty ??
Is service tax is applicable on security deposit collected from client ??
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
03 July 2015 No service tax applicable on such penalty.
Refer F.No. 137/25/2011 service tax Dt.03-08-2011 CBEC.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


Easy Office

Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links