If a builder has let out certain flats for residential purpose, will that be covered under negative clause i.e service tax not applicable in case of renting of residential dwelling for residential purpose.? or service tax will be applicable on the same?
i think service tax is applicable if the rent is above 10 lakh in year
any logic behind the same or do you have any supporting affirming your viewpoint?
It is clearly mentioned in negative list......not taxable...
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