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Servive tax on factory

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(Querist)
15 November 2012 R/Sir
My client has given his factory alongwith machinery on rent @200000pm
whether service tax is chargeableon the same if yes plz tell the rate , is there any abatement available


Thanks in Advance
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CA Dileep Surya Kumar

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CA Dileep Surya Kumar (Expert)
16 November 2012 There is no abatement - Service tax @ 12% is applicable under renting of immovable properties.

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