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Service tax on rent

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Querist : Anonymous (Querist)
27 March 2014 A Bank Paying rent of there office premises Rs.42000 per month. Is that liable for service tax
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CA Sourabh Agarwal

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CA Sourabh Agarwal (Expert)
28 March 2014 It depends on the person who has provided premises on rent. RCM is not applicable in case of renting of immovable property to Bank.

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