10l is exemption
This query is : Resolved
06 March 2014
Hello,
Greetings to you.
In my company We are paying rent to the land lord from FY2010-11 to till now.
We paid 10L first year and second year also we paid 10L. Please let me know are we liable to pay services tax from the second year. As per my knowledge If we cross the 10L every year only we liable to pay service tax. Please I want to know are we liable or not?
Thank you in advance.
Greetings to you.
In my company We are paying rent to the land lord from FY2010-11 to till now.
We paid 10L first year and second year also we paid 10L. Please let me know are we liable to pay services tax from the second year. As per my knowledge If we cross the 10L every year only we liable to pay service tax. Please I want to know are we liable or not?
Thank you in advance.
Nikhil Kaushik
(Expert)
06 March 2014
when you are a service receiver, it is not that you are liable to pay service tax. the landlord is supposed to charge service tax.
only in case of reverse charge mechanism, you need to look at the service tax liability.
only in case of reverse charge mechanism, you need to look at the service tax liability.
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