Rental income

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 July 2013 Dear all

I m receiving rent From HIGH Commission Canada(Embassy in India) 25 lacs yearly.

I want to know do i require to charge Service Tax???????

Pls give ur suggetions!!

thanks..

Arun Kumar Singh

Arun Kumar Singh (Expert)
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18 July 2013 Yes, service tax will be applicable under reverse charge systems. Place of provision of services will be India. You need to pay service tax.

Querist : Anonymous

Querist : Anonymous (Querist)

18 July 2013 I m Service provider, as per your opinion i m not liable to pay ST????

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CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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21 July 2013 You need to charge the service tax on rent and collect along with rent payment and pay to government, you need to register under service tax as also

Arun Kumar Singh

Arun Kumar Singh (Expert)
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23 July 2013 Service provider will pay the service tax.