Service tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 October 2012 i am a company and i am giving my company's logo for 200000 rupees to a company .
the another company will use this logo for a turn key project. Is service tax applicable on the service of giving my logo to other company for stipulated time period. If yes then under which head?

30 October 2012 Yes it appears to be a service as per Section 65B(44) of Finance Act, 1994.

However the service tax need to be applied only if the total taxaxble services provided in a year / previous year exceed Rs 10 lacs.

With advent of negative list there is single head for services... Individula definitions of services have been dissolved from 1st July,2012.

Hope this would settle the issue....



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