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Service Tax On Commercial Rentals
by Debapriya RoyChowdhury on Mar 03, 2007 02:45 PM   Permalink

Certain Metropolitan Municipalities like Kolkata charge 20% minicipal tax on commercial rentals 20 percent commercial surcharge.Now another 12.3% service Tax.So for a rental of Rs.100/= the tax is Rs.52/= .Is it justified when the govt. wants commerce & industry to flourish.

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