TaxTMI 
TaxTMI 
Service tax on parking
X X X X Extracts X X X X
X X X X Extracts X X X X
....ervice tax on parking<br> Query (Issue) Started By: - Manoj Dated:- 28-4-2008 Last Reply Date:- 30-4-2008 Service Tax<br>Got 2 Replies<br>Service Tax<br>R/ Sir As per amendment in last financial year ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....regarding levy of service tax on Renting of immovabale property. In this context whether service tax leviable on parking:- 1. If parking space( slot) is in basement of building nad given on monthly re....
X X X X Extracts X X X X
X X X X Extracts X X X X
....nt by a commercial company ( like trade towers , malls)i.e exclusive for the use of tenent and their visitor incl. public ? 2. If parking space is for parking of general public on hourly basis ? Wheth....
X X X X Extracts X X X X
X X X X Extracts X X X X
....er your answer will vary in the context of proposed changes in this budget? Kindly guide me ? Thanks MAnoj Reply By V.Ramanujam: The Reply: I am of the view if parking space is a vacant land/space ut....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ilised for parking alone then exclusion is applicable. If the space is part of building and let out along with building premises or used for parking of visitor of the existing business premises, then ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....the amount received would be subject to service tax. Reply By Madhukar N Hiregange: The Reply: I think that only vacant land given for parking is not liable. Covered parking in all cases wouldbe liabl....
X X X X Extracts X X X X
X X X X Extracts X X X X
....e assuming that renting of immovable property itslef is constitutionally valid.<br> Discussion Forum - Knowledge Sharing ....