Service Tax on Rent given to Director / partner, Service Tax

[Mehul Pandya]

Sir,

Pl. advice that our is a private limited company engaged in manufacturing doors and doing trading business of timbers. Premises owned by 2 directors jointly and we are giving them rent ₹ 200,000/- per month. Hence my question is that is there any service tax liability ? if yes who will be responsible to pay the tax ?? is there any noti./circular in that reference is available.

Posts / Replies

[Naveed S]

The owners of the premises have to pay service tax

[Mehul Pandya]

They can avail 10 lakhs exemption limit ???

[Mahir S]

Yes sir..

Naveed