Service tax on godown rent
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 August 2012
Please tell me. is service tax on Godown rent .and its limit
17 August 2012
If the godown is used for commercial activities, then it is liable under Service tax. The rate of service tax is 12.36%. The limit for applying RC is 9 lacs, and for remitting the service tax is 10 lacs. The service tax is collectable from the party.
If the godown is meant for storing agricultural commodities, then it will not attract Service tax.
If the godown is meant for storing agricultural commodities, then it will not attract Service tax.
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