renting of vacant land in a mine.

[NEERAJ KUMAR, RANCHI]

If some mine owner lets out   some portion of the vacant land of his mine  to some person for storing his goods in lieu of monetary consideration. Is such kind of service leviable to service tax . Kindly reply.

AI Summary

Service Tax Applicability on Renting Mining Land for Storage Pre-July 2012: Legal Challenges Anticipated A query was raised about the applicability of service tax on renting vacant land within a mine for storage purposes. The discussion highlighted that if the land is used for business purposes, service tax is applicable. However, prior to July 1, 2012, the service tax was not applicable unless the service was specifically listed. It was noted that mining land is excluded from the definition of immovable property, suggesting that renting for storage might not have been taxable before that date. The forum concluded that the tax department might contest this interpretation, requiring legal challenge.