TaxTMI 
TaxTMI 
TaxTMI 
Service tax applicability on Building insurance and ground rent
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....ervice tax applicability on Building insurance and ground rent<br> Query (Issue) Started By: - Manoj Kumar Sharma Dated:- 6-12-2007 Last Reply Date:- 10-12-2007 Service Tax<br>Got 1 Reply<br>Service T....
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....ax<br>Dear Sir, My company is dealing in Real estate and Renting ( commercial) . We are charging following from customers:- 1. General Maintenance charges 2. Sinking Fund Charges 3. Building Insuaranc....
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....e charges 4. Rent 5. Ground Rent charges 6. Electricity / Water Charges 7. Parking Charges we are charging service tax on all items except " Electricity / Water Charges" Some customer arguing that we ....
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....should not charge service tax on 1. Building Insurance and Ground rent on the basis that company`s role is only like an agent to collect ground rent and pay it to DDA or other authority , similarly in....
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.... the case of Insurance ... we should not charge on the ground that it will be charged twice. Your Views are solicited. Thanks Manoj Reply By Surender Gupta: The Reply: These type of reimbursements et....
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....c. should be decided on the basis of mutual agreement, facts and circumstances. After details analysis of all the issues, you may refer to valuation rule in which deduction is allowed in the hands of ....
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....pure agent.<br> Discussion Forum - Knowledge Sharing ....