Can you please advise if there is any recent notification for payment of service tax on rent?. Our accountant stop payment of service tax on rent of premises from april 2009.
can someone send link of notification of payment / non payment of service tax or send the link.
30 June 2009
There is no notification to stop payment but in a recent decision of the High Court it was held that rent is not a payment for a service rendered and is therefore not liable to service tax,it is not clear if the department has appealed against this decision any payment made will be refunded by the department if the appeal fails in the SC
can we expect any clear notification in budget? We are asked to raise the invoice for rent for may & june 2009 with service tax as they can not calim input credit. What to do? What to reply?
If decision comes for payment of service tax then we have to pay with intrest?
CAclubindia
