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Service tax

(Querist) 22 August 2011 This query is : Resolved 
A Govt: company leased out its land , building etc. It receives lease rent together with lease premium. Whether service tax applicable on it. If so is it applicable to both lease rent and lease premium or lease rent only.
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R.Ramachandran (Expert) 22 August 2011
Yes, the said company is liable to pay Service Tax on the entire amount received.
prabhakar singh (Expert) 23 August 2011
i agree with Expert : R.Ramachandran
Shastri J.K. (Expert) 23 August 2011
I also agree with Expert : R.Ramachandran

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