Service tax on rent
This query is : Resolved
11 December 2012
I am receiving a rent 3,70,000 per f.y year. please suggest me how much amt. service tax will be paid ASAP.
Regards
Manish Pareek
Regards
Manish Pareek
11 December 2012
Hi
If rent is received on letting out residential property for residential purpose then no ST to be charged..
If its commercial purpose you can claim Small Service Provider upto Rs. 10 lacs of Value of Taxable Service Provided.
Rate of ST for FY-2012-13 is 12.36%
Thanks//Vaibhav
Revert for more clarity.
Use thank button to convey your appreciation.
If rent is received on letting out residential property for residential purpose then no ST to be charged..
If its commercial purpose you can claim Small Service Provider upto Rs. 10 lacs of Value of Taxable Service Provided.
Rate of ST for FY-2012-13 is 12.36%
Thanks//Vaibhav
Revert for more clarity.
Use thank button to convey your appreciation.
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