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tds & service tax on rent received

This query is : Resolved 

31 July 2012 ONE OF MY FRIENDS COMPANY TAKEN A PROPERTY ON RENT FOR SHOWROOM PURPOSE.
NOW THE COMPANY HAS APPOINTED A FRANCHISE WHO WILL OPERATE THE COMPANY'S SHOWROOM
COMPANY PAID ONE PART AS RENT TO THE OWNER & OTHER PART AS A REPAIRIS & MAINTANANCE CHARGES. NOW COMPANY PAID SERVICE TAX ON RENT AS WELL AS ON REPAIR & MAINTANANCE CHARGES TO THE OWNER. COMPANY DEDUCTED TDS ON RENT AMOUNT.
MY FRIEND WANTED TO KNOW WHAT WILL BE THE LIMIT OF RENT & REPAIR & MAINTANCE CHARGES AGAINST WHICH COMPANY HAS TO CHARGE OF SERVICE TAX TO THE FRANCHISE

31 July 2012 Regarding service tax, the turnover limit for paying service tax is 10 lacs for any services. But regarding repairs and maintenance charges, it has now been brought under works contract. So kindly see the notification of abatement and service tax liability of a provider and a service receiver.


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