TMI BlogSERVICE TAX ON RENT RECEIVEDX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, we have given our office premises on rent in FY 2013-14 to till date but unfortunately not charged service tax on rent. In FY 2016-17 we have noticed the same and paid the service tax liability with interest and penalty as per law. My question is can we claim service tax pertaining to FY 2013-14 to till date now fm the tenant? Is it any notification for the same? Please help me. Tha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nks regards Vinay - Reply By Ganeshan Kalyani - The Reply = Sir , it depends upon your terms and conditions with the tenant . The consideration can be inclusive of service tax or service tax extra. So, you need to see your agreement clauses on taxation . - Reply By VINAY PODDAR - The Reply = Dear Sir, Thanks for your reply, As per agreement the rent is exclusive of service tax and we ca ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n charge service tax extra. Problem is that fm FY 2013-14 we have not charged service tax to the tenant now we have paid the service tax liability with interest and penalty as per law. My question is can we claim service tax pertaining to FY 2013-14 to till date now fm the tenant? Is it any notification for the same? Please help me. Thanks regards Vinay - Reply By Ganeshan Kalyani - The Re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ply = Yes you can very well raise supplementary invoice and collect service tax component right the year that you have mentioned. Supplementary invoice is valid. - Reply By VINAY PODDAR - The Reply = Dear Sir, Thanks for your advice. But the tenant is asking for some notification/circular for the same. can you please help me out. thanks regards vinay - Reply By Ganeshan Kalyani - The Re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ply = Your agreement is a strong base. As the tenant has agreed to pay service tax extra, he /she need to pay the tax separately if not paid earlier. - Reply By Ganeshan Kalyani - The Reply = Also refer Rule 9 - Documents and Accounts - Cenvat Credit Rules, 2004 - SERVICE TAX ON RENT RECEIVED - Query Started By: - VINAY PODDAR Dated:- 5-12-2016 Service Tax - Got 6 Replies - Service T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ax - Discussion Forum - Knowledge Sharing, reply post by an expert, 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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