Service tax on providing computer on rent

Queries 854 views 7 replies

Sir,

i am providing computer on rent . Service tax applicable on me ? or it is exampted. please clarify. what is the maximum limit for this because in this financail year i will reachout more than 10 lac.

 

thanks

Manoj

 

Replies (7)
In my opinion, it should be taxable since it is an activity carried out by one person to another for consideration...

Yes, the same is taxable as it is not covered under negative list. You can get an exemption upto first 10 lacs of billing. Later on you need to collect and pay service tax. Natesh

Yes, the same is taxable as it is not covered under negative list.

You can get an exemption upto first 10 lacs of billing. Later on you need to collect and pay service tax.

Natesh

Agree with above cci members.

Agree with above cci members.

Agree with above cci members.

Renting of  computers will be covered under SUPPLY OF TANGIBLE GOODS SERVICES (Notification No. 18/2008-S.T., dated 10.05.2008), hence liable to service tax.      


CCI Pro

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