https://www.taxtmi.com/forum/issue?id=108819 Deduction for property tax from gross receipts is permitted under Notification No.29/2012-S.T. when determining the taxable value of rent for service tax; billing must reflect gross receipt, property tax deduction and the net taxable value, the supplier must remit the full tax liability and may not retain any difference between tax charged and tax deposited, and the service recipient may claim input credit on the service tax as charged. en-us Sun, 28 Jun 2015 22:34:12 +0530 Thu, 23 Jan 2025 15:56:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=108819 Deduction for property tax from gross receipts is permitted under Notification No.29/2012-S.T. when determining the taxable value of rent for service tax; billing must reflect gross receipt, property tax deduction and the net taxable value, the supplier must remit the full tax liability and may not retain any difference between tax charged and tax deposited, and the service recipient may claim input credit on the service tax as charged. Discussion-Forum Service Tax Sun, 28 Jun 2015 22:34:12 +0530 https://www.taxtmi.com/forum/issue?id=108819