https://www.taxtmi.com/forum/issue?id=109101 Conversion and parking fees paid when a residential property is let for commercial use are not deductible from the gross value of renting for service tax valuation; only property tax paid to local authorities is deductible. If the conversion and parking charges constitute taxable services used in providing the renting service and service tax was paid on them, input tax credit may be available to adjust against service tax liability. en-us Wed, 02 Sep 2015 11:27:31 +0530 Thu, 23 Jan 2025 15:56:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109101 Conversion and parking fees paid when a residential property is let for commercial use are not deductible from the gross value of renting for service tax valuation; only property tax paid to local authorities is deductible. If the conversion and parking charges constitute taxable services used in providing the renting service and service tax was paid on them, input tax credit may be available to adjust against service tax liability. Discussion-Forum Service Tax Wed, 02 Sep 2015 11:27:31 +0530 https://www.taxtmi.com/forum/issue?id=109101