Service tax on renting

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 July 2015 renting of a hotel, inn, guest house, club, campsite or other commercial places meant for residential or lodging purposes, having declared tariff of a unit of accommodation below rupees one thousand per day or equivalent.

what is service tax liability on above service if more than 1000 at present?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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02 July 2015 No service tax payable if per day rent is below or equivalent of 1000.
If it is above 1000 service tax payable on 60% value(40% abatement).