Service tax query

is the company required to charge service tax on letting of parking area or on letting of furniture?

 

Replies (2)

If the company having ST registration and if Co. already charging service tax on letting of parking area or furniture or on any other services then ST required to charged ST on letting of parking space or furniture.

If Co. having or not ST registration, and its not started charging ST on any of the Co. services then CO. can avail ST exemption up to Rs. 10 Lacs in year. That means upto 10 Lacs, Co not required to charged ST. On crossing 9 Lacs ST registration required and above 10 Lacs ST would be charged & payable.

The reply subject to review of detailed facts & cicumstances.

All the said services are taxable for Service Tax. However, exemption is available till the unti cross RS.10 Lakhs per annum. During the exemption period the unit should not collect the Service Tax. Inc ase, if the unit collects Service TAx, the same has to be paid to the Govt after obtainignRegistration with the Central Excise department. Otherwise, till the unit cross RS.10 Lakhs, there is no necessity to obtain Registration also.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details
Company
ARTICLESHIP 29 October 2026
Article Assistant (CA Inter / CMA Inter) - Thrissur

Varma Raja & Associates

Thrissur

CA Inter

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details