Variable Cold Room Rent charged to vendors

[Guest]

Dear Sir

Kindly advise me, we are the PVT LTD CO. Centralised Service Tax Filing system under various services.

We are planning to give rental on our cold room to other parties on basis of box/cartons chargeable basis.

1. In what service, service tax can be collected.

2.Is there any limit or ceiling.

3.Service tax should be collected from Vendor on full 14.5%

4.What is service code for SERVICE TAX head (storege for CHICKEN PROUDCTS/FISH PRODUCTS/FROZEN excepts fruits and vegetables.)

Kindly advise me please

Regards

Ramesh

[KASTURI SETHI]

1. Taxable under, 'Storage and Warehousing Services' under erstwhile Section 65 (105)(zza) (Now Other Than Negative List)

2.Threshold Exemption limit of ₹ 10 lakhs available.

3. Yes 14.5% No abatement allowed.

4. Accounting Code 00440193

[Ganeshan Kalyani]

I agree with Kasturi Sir. You should also amend your certificate accordingly. Thanks.

[KASTURI SETHI]

Yes Sir. Registration certificate has to be amended accordingly.

AI Summary

Storage and Warehousing Services: rental of cold rooms chargeable to service tax; threshold exemption and registration amendment required. Rental of cold storage space charged per box/carton is taxable as Storage and Warehousing Services under the service tax regime; service tax applies at the applicable rate with no abatement. Providers may rely on the threshold exemption if turnover is below the prescribed limit. Registrants should use the appropriate accounting code in filings and amend their registration certificate to reflect storage and warehousing services.