Applicability of the rate of tax - Immovable property, Service Tax

[Eva Dhurairaj]

What is the applicable rate of service tax for an invoice raised in the month of March for the services rendered in February esp. in relation to renting of immovable property? Pl clarify.

Posts / Replies

[Surender Gupta]

Services rendered prior to 24-2-2009 would continue to be levied at 12%.

[Sunil Jain]

While endorsing the view expressed by Sh. Surinder Gupta, you may calculate the rental upto 24th feb seprately thus charging @ 12% and therafter at 10% rates lately notified.