Service tax on rent of building let out for restaurant
surendrababu
(Querist) 03 December 2014
This query is : Resolved
Sir,
I have taken a building for a monthly rent of Rs.50/- per Sq. ft (Total Monthly Rent of Rs. 40,000), the owner of the building demanding me to pay service tax on rent amount. please clarify me whether I should pay the service tax to the owner of the building besides rent?
ajay sethi
(Expert) 04 December 2014
consult your CA in this regard
malipeddi jaggarao
(Expert) 04 December 2014
Service Tax has to be paid to the Government either by you or the owner. Who will have to pay depends upon the agreement between the tenant and the owner.
Anirudh
(Expert) 04 December 2014
Yes, you have to pay, in addition to the rent, the service tax also.
Rajendra K Goyal
(Expert) 05 December 2014
You have to pay the tax until and unless the agreement is otherwise.
T. Kalaiselvan, Advocate
(Expert) 08 December 2014
A revisit to the terms and conditions of the lease agreement will explain the situation and provide an answer to this.