05 October 2013
Dear Sir, Iam planning to start a film institute in Kerala. when I open it I will charge fees from students who joint in my institute. Fees + service tax is required when I receive fees..? If so any service tax registration is needed ? If I collect service tax from students , is it required to pay service tax to department
05 October 2013
Service tax is applicable for fees collection. After 9 lacs turnover on such fees collection, you can go for new service tax registration and comply all the service tax provisions.
CAclubindia
