Service Tax on Premises given on rent


This query is : Resolved 

(Querist)
24 January 2008 Is service tax chargeable on premises given on rent?

R.V.RAO (Expert)
24 January 2008 YES ON RENTING OF COMMERCIAL PROPERTY WITH EFFECT FROM 1 ST JUNE 2007 TAXED AT 12.36% .
THRESHOLD LIMIT FOR REGISTRATION BY SERVICE PROVIDER IS RS. SEVEN LAKHS AND TAXABLE ON ANNUAL RENTS OF RS. EIGHT LAKHS.
R.V.RAO


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