Service tax on rent
This query is : Resolved
05 November 2012
Dear Sir,
I have a doubt that is Service tax is applied on rent or not , if so what are the sections applicable on it , kindly explain me...
I have a doubt that is Service tax is applied on rent or not , if so what are the sections applicable on it , kindly explain me...
05 November 2012
Hi
Yes, Service Tax is applicabnle if property rented for commercial purpose.
Refer link for clarity:
https://www.simpletaxindia.net/2012/06/service-tax-on-renting-of-immovable.html
https://www.servicetax.gov.in/notifications/notfns-2012/st29-2012.htm
Thanks//Vaibhav Click thank button to convey your appreciation.
Yes, Service Tax is applicabnle if property rented for commercial purpose.
Refer link for clarity:
https://www.simpletaxindia.net/2012/06/service-tax-on-renting-of-immovable.html
https://www.servicetax.gov.in/notifications/notfns-2012/st29-2012.htm
Thanks//Vaibhav Click thank button to convey your appreciation.
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05 November 2012
Service tax on commercial purposes renting of immovable property is applicable as per the new NEGATIVE list of service tax .. (Eg. Even if a residence premises is let out for Commercial purpose.. service tax shall be applicable and payable)
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06 November 2012
Yes, Agree With Expert CA hariKishan
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