No service tax on rent (commercial non commercial)

Notifications 1403 views 2 replies

Dear All,

    I need notification or circular for no service tax on rent (commercial and non commercial properties)

 

Advance Thanks & Regards

Sathis

 

Replies (2)

Dear sathis, Service tax has only been imposed on renting of commercial property and non commercial property was never brought under service tax net. So do not expect any notification number. As for as rent on commercial property  is concerned again there is no exemption notification. only the delhi high court has decided in a case that rent collected from commercial properties is not a taxable service under service tax law. The department has filed an appeal with the Honble supreme court against the delhi high court verdict. in effect, there is no exemption notification number for rent.

The matter is before the apex court. The fact that the court did not stay the DHC decision may indicate that the DHC decision has some strength.

In my view the renting of IP may notbe liable. However dept to be ifnormed of your stand.

If paid to be paid under protest so that etiher you or the tentn can get the refund without any time limit.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register