Abatment on service tax on immovable property
This query is : Resolved
16 October 2013
With reference to the above we are recently registered under the service tax and provide taxable service renting of immovable property, we are providing rented property for commercial purpose, in the case can we take abatement on rent amount as per sr. no.6 of the service tax notification 26/2012 ?
Can we charge service tax @ 7.416% ?
Can we charge service tax @ 7.416% ?
16 October 2013
Hi,
The exemption under Sl No 6 of The notification is available only if your renting the commercial places for Residential or lodging purpose.
If you are providing the same then you can claim the 40% abatement
The exemption under Sl No 6 of The notification is available only if your renting the commercial places for Residential or lodging purpose.
If you are providing the same then you can claim the 40% abatement
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