Service tax

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
12 August 2013 XYZ Pvt Ltd is providing engineering services and it has service tax registration no for engineering services , annual turnover is around 50 Lakh . During the year company purchased building and give it on rent. The company is not registered under service tax for renting of immovable property. Total annual rent is Rs 5 Lakh. Should XYZ charge service tax on such rental income and get it registration amended to include service of renting of immovable property?

12 August 2013 You should pay the service tax on rented value. SSI exemption is available to all service provider upto 10 lakhs including all services. You will not get the ssi exemption on rented value separate.


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


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Follow us


Answer Query