Please clarify whether service tax is leviable on rent. If so which clause of the service tax rules mentions the same.
Regards
Shankar Banerjee
shankar banerjee (self employed) (162 Points)
05 April 2010Please clarify whether service tax is leviable on rent. If so which clause of the service tax rules mentions the same.
Regards
Shankar Banerjee
P.Bashista
(Advocate)
(367 Points)
Replied 08 April 2010
Earlier there was a judgment of high court which said that no service tax on rent. But in this budget this situation is clear and service tax has to be paid with a retrospective effect of the 2007 notification. Though this issue is challanged and pending before the Supreme Court.
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