Service tax on rent

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my rent crosses 10 lakhs in feb 2015 so from when should i collect service tax, from april 2014 or feb 2015
Replies (2)
Originally posted by : madhusudhan
my rent crosses 10 lakhs in feb 2015 so from when should i collect service tax, from april 2014 or feb 2015

after crossing  the limit  of Rs 10 lakh, assessee can raise the bill (inclusive of Service tax) & collect the amt that should be collected from Feb 2015.

Dear Madhusudan,

but if you have dewelling home and the end use is also residential (to let) so service tax is exempted but, if end use is commercial so liable to charge and collect the service tax from tenant.

and service tax charges after SSI exemtion limit Rs. 10 lac.


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