TaxTMI 
TaxTMI 
Service tax on Rent
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....ervice tax on Rent<br> Query (Issue) Started By: - deepak kalambate Dated:- 5-11-2012 Last Reply Date:- 9-11-2012 Service Tax<br>Got 2 Replies<br>Service Tax<br>Dear Sir, We have given our Office Fur....
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....niture to another company on Rental basis and recovering Rs.100000/- per month from them. Pl let us know whether any Service Tax Liability occures in this case? Pl advise. Deepak Reply By Pradeep ....
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....Khatri: The Reply: No service tax may be leviable under Renting of immovable property. But, since, there is no exemption under Negative list and under Mega Exemption Notification, therefore, service ....
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....tax may be applicable under supply of Tangible goods. Reply By Seetharaman K C: The Reply: This would be definitely taxable and subject to service tax @ 12.36%. In fact this was also covered in the ....
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....old list of services under "Supply of Tangible Goods Service" where any service provided or to be provided to any person, by any other person in relation to supply of tangible goods including machiner....
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....y, equipment and appliances for use, without transferring right of possession and effective control of such machinery, equipment and appliances was covered.<br> Discussion Forum - Knowledge Sharing ....