Service tax by trust

1126 views 2 replies

Article Assistant

214 Points Joined January 2008

dear friends if the Building ownership is in the name of Trust or religious body , wether they can collect service tax?

Replies (2)

Chartered Accountant

3356 Points Joined November 2007

rentig of immovable property bya religious body and to a religious body is also excluded in the service tax net so they are not collect service tax

CA Final

814 Points Joined January 2008

A trust owning a building and letting it on rent, is liable to collect service tax if their rent exceeds Rs.8,00,000 per annum.

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