Please clarify whether service tax is leviable on rent. If so which clause of the service tax rules mentions the same.
Regards
Shankar Banerjee
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Service Tax on Rent
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Earlier there was a judgment of high court which said that no service tax on rent. But in this budget this situation is clear and service tax has to be paid with a retrospective effect of the 2007 notification. Though this issue is challanged and pending before the Supreme Court.
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