06 October 2007
there is a registered service provider renting immovable property.the service provider is collecting service tax. now my question is can the service provider deduct the property tax paid on the same property from the service tax collected and deposit the balance amount of service tax. i request for an early clarification quoting if possible any section reference or judgement or dept. notification. thanks R.V.RAO
07 October 2007
There is one notification No. 24/2007 dt. 22.5.2007 wherein relief for property tax paid from service tax payable is dealt. This can be looked into in the service tax site.
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