TMI BlogService tax on parkingX X X X Extracts X X X X X X X X Extracts X X X X ..... R/ Sir As per amendment in last financial year 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in basement of building nad given on monthly rent 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 pa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rking of general public on hourly basis ? Whether 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the view if parking space is a vacant land/space utilised 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of visitor of the existing business premises, then 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... not liable. Covered parking in all cases wouldbe liable assuming that renting of immovable property itslef is constitutionally valid. - Service tax on parking - Query Started By: - Manoj Dated:- 28- ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 4-2008 Service Tax - Got 2 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmana ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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