https://www.taxtmi.com/forum/issue?id=1661 Advance receipts that represent consideration for taxable renting services are subject to service tax; a refundable security deposit taken solely as a guarantee is not taxable on receipt but becomes taxable when appropriated or applied towards rent. Administrative practice may attempt to include rent deposits in gross value at receipt, but CBEC guidance in analogous cases treats initial refundable deposits as non-taxable until adjusted as service consideration. en-us Sat, 19 Dec 2009 08:09:50 +0530 Thu, 23 Jan 2025 15:58:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1661 Advance receipts that represent consideration for taxable renting services are subject to service tax; a refundable security deposit taken solely as a guarantee is not taxable on receipt but becomes taxable when appropriated or applied towards rent. Administrative practice may attempt to include rent deposits in gross value at receipt, but CBEC guidance in analogous cases treats initial refundable deposits as non-taxable until adjusted as service consideration. Discussion-Forum Service Tax Sat, 19 Dec 2009 08:09:50 +0530 https://www.taxtmi.com/forum/issue?id=1661