Is renting a book come under service tax rule

Hi Experts,

Do I have to pay service tax if I provide service to rent a book for reading to students and take some money in return.

Thanks,

Suraj Prakash 

Replies (3)
Originally posted by : suraj prakash
Hi Experts,

Do I have to pay service tax if I provide service to rent a book for reading to students and take some money in return.

Thanks,

Suraj Prakash 

Yes. As per clause (f) of Section 66E, its a declared service. Also, small service provider exemption will also be applicable. 

Govt owned public libraries are not taxable...pvt doing the same business is taxable
Renting books service is attract levy of service tax subject to small scale service provider upto ten lakh.

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