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    <title>SERVIE TAX ON RENTING OF IMMOVEABLE PROPERTY</title>
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    <description>Service tax is indicated as leviable on rent for letting immovable property at the rate stated in the correspondence, with the taxable base being the gross rent amount less property taxes; the discussion separately asks whether input/service tax credit can be claimed in respect of renting of immovable property, but does not supply a definitive ruling on credit eligibility.</description>
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      <description>Service tax is indicated as leviable on rent for letting immovable property at the rate stated in the correspondence, with the taxable base being the gross rent amount less property taxes; the discussion separately asks whether input/service tax credit can be claimed in respect of renting of immovable property, but does not supply a definitive ruling on credit eligibility.</description>
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