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TMI BlogService tax applicability on Building insurance and ground rentX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, My company is dealing in Real estate and Renting ( commercial) . We are charging following from customers:- 1. General Maintenance charges 2. Sinking Fund Charges 3. Building Insuarance char ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ges 4. Rent 5. Ground Rent charges 6. Electricity / Water Charges 7. Parking Charges we are charging service tax on all items except " Electricity / Water Charges" Some customer arguing that we should ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... not charge service tax on 1. Building Insurance and Ground rent on the basis that company`s role is only like an agent to collect ground rent and pay it to DDA or other authority , similarly in the c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ase of Insurance ... we should not charge on the ground that it will be charged twice. Your Views are solicited. Thanks Manoj - Reply By Surender Gupta - The Reply = These type of reimbursements etc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . should be decided on the basis of mutual agreement, facts and circumstances. After details analysis of all the issues, you may refer to valuation rule in which deduction is allowed in the hands of p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ure agent. - Service tax applicability on Building insurance and ground rent - Query Started By: - Manoj Kumar Sharma Dated:- 6-12-2007 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - K ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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