Service tax pls help

ISSUE BILL WITH SERVICETAX .CHECK WHETHER THE RENT IS INCLUSIVE OF SERVICE TAX OR NOT W.R.TO RENT AGREEMENT

sir is there any intimation exempted service tax rent from bank ?

Renting of Immovable Property is a declared service as per section 66 E  of the Finance Act

1.Issue Invoice with service tax if you receive the service tax pay the same to government.

2.If you dont receive the service tax treat the same as inclusive of service tax

3.There is no exemption on service tax for renting to bank.

Everything depends on Agreement between you and bank, If it states that all taxes to be bourne bu you then you cannot demand service tax from bank and consider rent received inclusive of service tax.

In future issue invoice with service tax shown seperately.

Treat bill as Inclusive of service Tax and Pay accordingly.

As rightly discussed above, renting of Immoveable property has been considered as Declared Service u/s 66E.

If the bill shows seperately there is no issue, however if there has been no seperate disclosure of service tax the ame shall be considered as inlclusive the liability has to be deposited accordingly.