SATISH JAIN
(Querist) 23 August 2015
This query is : Resolved
DEAR MEMBERS MY QUERY IS REGARDING APPLICABILITY OF SERVICE TAX ON ADDA FEES COLLECTED BY MUNICIPAL COUNCILS FOR THE LAND PROVIDED FOR PARKING STAND FOR BUS PARKING. DOES IT COMES UNDER HEAD RENTING OF IMMOVEABLE PROPERTY SERVICES HEAD. THE CONTRACT AMOUNTS IS ABOVE 10LAC PLZ GUIDE THANKS AND REGARDS
C. SANJEEVA RAO
(Expert) 24 August 2015
To have better understanding, you first see the negative list. If it does not finding place in negative list, then the service shall come under the provisions of section 66E of Finance Act, 1994, further, you better consult the local service tax consultant.
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