15 November 2011
I have a confusion regarding the registration with service tax department.. What is happening one of my client is having a complex and letting them out for rent.. The total rent received by him is Rs. 20 Lakhs. Out of this 20 Lakha, Rs. 11 Lakhs is received from Excise department to whome my client has given his proerty on rent to the ED.
So should my client take registration under the service tax under the category of 105(zzzz).. Since the rent except of ED is only 9 Lakhs which is below the threshold limit of taking registartion.
15 November 2011
YOUR CLIENT SHOULD HAVE TO TAKE SERVICE TAX NO. BECAUSE THERE TURNOVER IS MORE THAN 10 LAKH . THE RECEIVIED AMOUNT FROM ED IS NOT EXEMPTED FROM SERVICE TAX.