GODOWNS ARE LET OUT TO STATE WAREHOUSING CORPORATION. SERVICE TAX IS PAID BY US . . NOW CAN THIS SERVICE TAX BE RECOVERED FROM STATE WAREHOUSING CORPORATION , AS THEY ARE REFUSING TO PAY.
RECOVERY OF SERVICE TAX ON IMMOVABLE PROPERTY
Asked by
Recoverability of service tax depends on contractual rent terms; parties may reallocate tax obligations by mutual agreement.
Recoverability of service tax depends on the terms of the contract in the rent agreement; if the lease makes the tenant liable the landlord may recover the tax, and the parties may alter that allocation by mutual agreement. (AI Summary)
Recoverability of service tax depends on the terms of the contract in the rent agreement; if the lease makes the tenant liable the landlord may recover the tax, and the parties may alter that allocation by mutual agreement. (AI Summary)
TaxTMI