18 November 2008
hi i have doubt in renting of immovable property service .where the warehouses are letout for storage of foodgrains,is it taxable under service tax? actually storage of food grains is exempeted from service tax. please clarify it
If the rented immovable property is being used for furtherance of business or commerce, it is liable to service tax. It does not matter whether the Government or private parties rent it.
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