TaxTMI 
TaxTMI 
Dear Sir,
We have given our Office Furniture to another company on Rental basis and recovering Rs.100000/- per month from them.
Pl let us know whether any Service Tax Liability occures in this case?
Pl advise.
Deepak
Service tax on Rent
05 Nov 2012 
2 Replies 
1399 Views Asked by
Taxability of rented tangible goods: renting office furniture treated as supply of tangible goods service, therefore subject to service tax.
Renting office furniture may not fall under immovable property exemptions; if possession and effective control are not transferred, the transaction aligns with the Supply of Tangible Goods Service and is treated as a taxable service under the service tax regime. (AI Summary)
Renting office furniture may not fall under immovable property exemptions; if possession and effective control are not transferred, the transaction aligns with the Supply of Tangible Goods Service and is treated as a taxable service under the service tax regime. (AI Summary)