C A Ankit Shetty (ca firm) (43 Points)
06 February 2013Is service tax attracted for services provided by nature of renting out playgrounds and courts to individuals and corporates to conduct tournaments or matches.
Before July 2012, under renting of immovable property services, renting of land for the purpose of sports was not taxable. However after introduction of negative list, it's not clear whether old provisions are applicable now.
pls comment whether service tax is chargeable?
Mr Subrata Dasgupta
(Finance Professional)
(171 Points)
Replied 07 February 2013
Dear Ankit
Service tax is chargable if the service is not included in the Nagative List of the Mega Exemption List.
Vikas
(CA)
(1135 Points)
Replied 07 February 2013
Dear Ankit,
Your view seems correct. There is no such specific exemption provided.
Huzefa
(0)
(43 Points)
Replied 07 February 2013
Is there any other service you provide along with renting of playgrounds..?
Madhukar N Hiregange
(Chartered Accountant)
(38934 Points)
Replied 07 February 2013
Liable as there is no exemption.
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