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    <title>Service tax liability- exemption limit</title>
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    <description>The threshold exemption for renting of immovable property applies to persons acting as service providers who qualify as small providers and need not charge service tax until they exceed the threshold; service recipients paying tax under the reverse charge mechanism cannot claim the threshold benefit. When charging tax as a provider, property tax paid on the property may be deducted from the taxable amount of the renting service.</description>
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      <title>Service tax liability- exemption limit</title>
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      <description>The threshold exemption for renting of immovable property applies to persons acting as service providers who qualify as small providers and need not charge service tax until they exceed the threshold; service recipients paying tax under the reverse charge mechanism cannot claim the threshold benefit. When charging tax as a provider, property tax paid on the property may be deducted from the taxable amount of the renting service.</description>
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