- Covered Vehicle Parking :It is subject to Service Tax because space used for constructing the relevant space is considered as a part and parcel of the relevant building. As a result, Service Tax is payable at the same rate at which it is charged in respect of the remaining portion of the building.
- Open Vehicle Parking : It is subject to Service Tax because there is involvement of construction activity [although comparatively less as compared to Coved Vehicle Parking] even in respect of Open Vehicle Parking. In different words, open vehicle parking is considered as part of the relevant complex, building, civil structure. Thus, service tax should be levied in respect of open vehicle parking at the same rate at which it is charged in respect of the remaining portion of the complex, building, civil structure.
|No Hidden charges,Flat monthly fee,Zero account opening charges|