Applicability of s tax

This query is : Resolved 

21 February 2014 what will be the service tax liability in case of receipt of rent for godown @ rs 50000 per month

21 February 2014 if the rent amount is exclusive of service tax then apply 12.36% on Rs 50000

if the amount is inclusive of service tax, then service tax amount shall be Rs 50000*12.36/112.36.


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