Service tax liability for rent

Renting of residential dwelling of a property for residential purpose is not chargeable under service tax.However, renting of a property for COMMERCIAL USE is chargeable under ST, therefore service tax is required to be collected @ 14.5% on the total rent payable(Note :- w.e.f 15-Nov-2015 St rate has been increased from 14% to 14.5%)

Renting of residential dwelling of a property for residential purpose is not chargeable under service tax.However, renting of a property for COMMERCIAL USE is chargeable under ST, therefore service tax is required to be collected @ 14.5% on the total rent payable(Note :- w.e.f 15-Nov-2015 St rate has been increased from 14% to 14.5%)

ST is liable to person. It is PAN based.

As the partnership is different from you individually, unitl your taxable services exceed Rs. 10 lakhs in the pr yr , you are eligible to exemption upto Rs. 10 laksh this year.

If the taxable services provided by a person is more than 10 lakhs in the previous, the person is required to be registered under the service tax unless and otherwise he is registered under SSP(small service provider). If a person who is registered under the ST is required to collect service tax in case of renting of a COMMERCIAL PROPERTY, NEVERTHELESS the rent is not more than 10lakhs p.a.

There is an article on the service tax on rent, please have a look at the cases under which service tax on rent is not chargeable
 www.charteredclub.com/service-tax-on-rent-1/