08 June 2015
If service provider is taking benefit of muncipal tax while providing rental Services then how will he raise the bill for this .For eg. Rent is Rs. 10,000 Service tax rate @12.36 and muncipal tax is Rs. 500/-
10 June 2015
Notifn.No.29/2012-ST provide for exemption of property tax to premises owner. Hence, it is advised to bill for total amount of Rs.10000/- + ST but when paying the service, pl deduct the property tax (not municipal tax) paid by you. Pl also note that from 01.06.2015 onwards, the ST rate is increased to 14%. Best wishes in advance.
CAclubindia
