Renting out the immovable property to education institute.

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CA Shyam Agarwal (Querist)
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02 August 2014 hello
plz tell me that if a person renting out the immovable property to education institute registered u/s 12AA is liable to collect Service tax.
as per latest amendmend

Annu Agarwal

Annu Agarwal (Expert)
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03 August 2014 Yes,as per the latest amendmnt w.e.f. 11/07/2014 exemption available to service provided by way of renting of immovable property to educational institutions stands withdrawn.Therefore service tax is payable on same.

CA Shyam Agarwal

CA Shyam Agarwal (Querist)
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04 August 2014 ok thanks annu agarwal

i want to buy a service tax which book i should buy plz tell me

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CA Shyam Agarwal

CA Shyam Agarwal (Querist)
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04 August 2014 ok what is the limit of rent on which service tax is not payable.

Annu Agarwal

Annu Agarwal (Expert)
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04 August 2014 its same as for SSI i.e 10,00,000/-

CA Shyam Agarwal

CA Shyam Agarwal (Querist)
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30 August 2014 hello annu

As you told that latest amendment in service tax on immovable property plz tell me circular no. of this amendment. plz its urgent

Annu Agarwal

Annu Agarwal (Expert)
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30 August 2014 D.O.F. No. 334/15/2014-TRU dated 10.07.2014