Get 3 Yrs of CCI Pro Membership at Greater Value. Subscribe Now!

Notification no. 45

Save Share

Join Us Follow Us Add as Source

This query is : Resolved

Report Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

10 May 2014 Respected Sir,

I want clarification about service tax, Our company rent amount Rs. 1,40,000/-. it is our M.D.own building. he is bill raised without service tax. As per notification no. 45/07-08-12. It is applicable for reversecharge mechanism ?.
Pl help me. Now, service tax auditing going on .

Vidya Jain

Vidya Jain (Expert)

11 May 2014 Notification 45/07-08-12 is applicable for Director's remuneration.So, Payment of rent would not be liable to service tax under reverse charge mechanism.

This may be liable to service tax under renting of immovable properties if M.D Gross taxable income exceeds 10 Lacs.

Querist : Anonymous

Querist : Anonymous (Querist)

13 May 2014 Sir,

It is applicable for deemed services, u/s66D & E

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now