Property Rented For Small Scale Industries

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  1. arya gupta

    arya gupta New Member

    Dear Sir,

    we want to know rent received from the property rented for small scale industries (in the industrial area) is applicable for service tax.

    Thanking You,

    Best Regards,

    Arya Gupta.
    Mobile No: 09849073100
     
  2. gaurav_kumar

    gaurav_kumar Well-Known Member

    Yes, Service Tax is applicable on property rented for Small Scale Industry.

    However, if the total services provided by the person receiving the payment (incl. Rent) is less than Rs. 10 Lakhs - then small scale exemption can be claimed and service tax would not be levied.
     
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