Renting of commercial complex

[kutub sheikh]

Dear sir

I have taken a gala in commercial complex and providing works contract service on RCM . and paying 15000/- monthly as a rent, am i liable to pay st on rent and if i am liable then at what percentage should i have to pay st .

Here i clear you that i am not taking any credit of any ST. pls guide me

[Ganeshan Kalyani]

Renting of immovable property is not covered under reverse charge notification. And there fore the recipient of service is not liable to pay tax on the said service. You are availing the service of renting of immovable property, hence you are not liable to pay the tax. The service provider is liable to pay tax subject to SSI exemption.

AI Summary

Renting of immovable property not subject to reverse charge, so recipient is not liable for service tax. Renting of immovable property is not covered by the reverse charge notifications, so the recipient of the renting service is not liable to pay service tax under reverse charge; the service provider must discharge service tax subject to Small Service Provider exemption and the general service tax provisions.