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Service Tax on Rent of House

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(Querist)
02 April 2011 1. Is there Service Tax on Rent of (a) Residential House Property (b) Commercial House Property. If yes what are the rules regarding this. And s the Basic exemption applicable.
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CA Navin Jain

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CA Navin Jain (Expert)
02 April 2011 (a) Residential House Property - NOT APPLICABLE

(b) Commercial House Property. APPLICABLE @ 10.3%
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
02 April 2011 for complete details see this link
http://servicetax.gov.in/st-profiles-home.htm

in that select renting of immovable property.
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