TMI BlogService tax on RentX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, We have given our Office Furniture 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 cas ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e? Pl advise. Deepak - Reply By Pradeep 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 M ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ega Exemption Notification, therefore, service 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tax @ 12.36%. In fact this was also covered in the old list of services under "Supply of Tangible Goods Service" where a ny service provided or to be provided to any person, by any other person in re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lation to supply of tangible goods including machinery, equipment and appliances for use, without transferring right of possession and effective control of such machinery, equipment and appliances was ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... covered. - Service tax on Rent - Query Started By: - deepak kalambate Dated:- 5-11-2012 Service Tax - Got 2 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.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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