Service tax on room rent given on monthly basis

This query is : Resolved

shashidarababu (Querist)
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17 December 2012 Sir,

We have running Service Apartment and as per VAT If a guest taken room on monthly rental basis we are making rental agreement between the Guest and our Company or the company who has taken on rent with us. Now I want to know the Luxury Tax exemption and Service Tax exemption is available on rent received . As per Luxury Tax Department if Separate rental Agreement made luxury tax should not be collected from the party and it is exempted. What about SERVICE TAX .

@VaibhavJ

@VaibhavJ (Expert)
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17 December 2012 hi

as per Serv Tax if receipts towards rent is less than 10 lacs per annum then you need not to pay ST on the same.

Thanks//Vaibhav