Section 66E (a) – Renting of Immovable Property

Section 65B (44)	SERVICE	Activity = Service [Declared Service – 66E (a)]
Section 66D	NEGATIVE LIST OF SERVICES	Renting of vacant land, with or without a structure incidental to its use, relating to agriculture. [Sec 66D (d)] Renting of Residential Dwelling for use as residence [Sec 66D (m)]
Section 66C + POPS Rules, 2012	Determination of Place Of Provision Of Service	Rule 5 – Place of provision of services relating to immovable property: [POPS = Location of Immovable Property] Rule 8 – Place of provision of services where provider and recipient are located in taxable territory: [POPS = Location of Recipient of Service] Rule 8 will override rule 3, 4, 5 and 6. Since if place of provision falls under both 3, 4, 5 or 6 and 8, then Rule 8 shall apply due to the application of Rule 14. Rule 8 will not override 9, 10, 11 or 12
Section 66B	Charge of Service Tax	Taxable Service attracting charge of Service Tax @14% (Cess Extra)
Section 67 + STVR, 2006	Valuation of taxable services for charging service tax	Section 67(1)(i) = Gross amount charged less Property tax paid*
Section 68	Person Liable to pay Service Tax	Service Provider i.e. Landlord
E/N 25/2012	Mega Exemption	Entry No. 5	Renting of precincts of a RELIGIOUS PLACE meant for general public
		Entry No. 18	Renting of a Hotel, Inn, Guest House, Club, Campsite, by whatever name called meant for residential or lodging purposes having DECLARED TARIFF of a room below INR 1,000 per day or equivalent
E/N 26/2012	Abatement	Entry No. 4	Bundled service by way of Supply of food or any other article of human consumption or any drink, in a premises together with RENTING of such premises: TV = 70% (No credit of goods classifiable under Chapters 1 to 22 of Central Excise Tariff Act, 1986 (5 of 1986))
		Entry No. 6	Room Renting Hotel, Inn, Guest House, Club, Campsite, or other commercial places: TV = 60% (Credit of Input Services only)

* E/N 29/2012:

‘Property Tax’ paid on immovable property is available as deduction from taxable value Deduction of only Property Tax (not of interest or Deduction is allowed in ACTUAL PAYMENT BASIS