Abatement on renting of immovable property for commercialuse
This query is : Resolved
14 October 2013
Querry:A Registered dealer, registered under service tax providing taxable service of renting of immovable property & property gives on rent for commercial purpose. Whether abatement can be taken or not?
In case it can be taken then at what percent?
In case it can be taken then at what percent?
18 October 2013
REnting of immovable property is not in the abatement list, only full tax of 12.36% is payable for commercial purpose, except reduction of municipal property taxes paid.
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