Go Ad-Free on CAclubindia with Daily Mobile Updates. Subscribe Now!

service tax

Shreyansh Jain (Director) (59 Points)

28 February 2011

sir i pay rent monthly 10500

who is liable to in t pay service tax (where in the deed nothing is given such as any details about servce tax )

till what service tax is free in a company (rent + tranport bilty etc )

do guide for this

Reply
Follow
Share

10 Replies

U S Sharma (glidor@gmail.com) (21063 Points)
Replied 28 February 2011

https://cenexcisenagpur.nic.in/ServiceTax/faq.htm

1 Like

Upgrade to CAclubindia Pro. Subscribe Now!

CA Unnikrishnan Nair N (Chartered Accountant) (2083 Points)
Replied 28 February 2011

Landlord is liable to pay service tax on renting of property service. Exemption limit Rs.10 laks.

1 Like

Shreyansh Jain (Director) (59 Points)
Replied 28 February 2011

THANKS

SIR WE ARE PAYING FREIGHT ROUND ABOUT 10 LAC + ( t transporter takes t service tax from us )

AND WE ARE PAYING RENT A ROUND ABOUT 1 LAC+ (landlord does nt takes service tax )

do we have any liablity to pay service tax or who is liable for it

U S Sharma (glidor@gmail.com) (21063 Points)
Replied 28 February 2011

Originally posted by : Shreyansh Jain

THANKS

SIR WE ARE PAYING FREIGHT ROUND ABOUT 10 LAC + ( t transporter takes t service tax from us )

- as transporter is collecting service tax on their bills, u dont have to pay the same again.

AND WE ARE PAYING RENT A ROUND ABOUT 1 LAC+ (landlord does nt takes service tax )

- rent income above 10 lacs will entitle landlord to collect service tax, he is well under limit, so its not your liability to pay service tax.

do we have any liablity to pay service tax or who is liable for it

1 Like

Shreyansh Jain (Director) (59 Points)
Replied 28 February 2011

thanks

sir if we are registered with service tax

and we recv rent of rs 7lac are liable to pay service tax on the account

Upgrade to CAclubindia Pro. Subscribe Now!

U S Sharma (glidor@gmail.com) (21063 Points)
Replied 01 March 2011

Originally posted by : Shreyansh Jain
	thanks sir if we are registered with service tax and we recv rent of rs 7lac are liable to pay service tax on the account

No, 10L threshold limit is available for you.

Shreyansh Jain (Director) (59 Points)
Replied 01 March 2011

sir if i m a tranporter till what freight recv have no liable of service tax

U S Sharma (glidor@gmail.com) (21063 Points)
Replied 02 March 2011

transporters service tax is little bit complicated, it has too many notifications,

the limit of 10L is for company, irrespective of number of services offered.

count the number of trucks/ vehicles you own and get in touch with PRO of service tax, to get clear guidelines.

small transporters are exempted from servicetax payment and the libility goes to the GTA service receipent but the situation is dependent on various subjects , some are here 1) number of vehicles 2) class / catagory of service receipents 3) annual turnover 4) input credit availed or not on vehicles as capital goods.