Service Tax Related Quiries
This query is : Resolved
02 May 2009
1. Is donation in any form money or materials from its members of a Club for construction of their own building exempt from Service Tax?
2. My Club's income is Rs. 16 lacs. Is the base limit of 10 lakhs for exemption available to us? I mean whether the Club has to pay ST on 16 lacs or 6 lacs (It has been paying ST on full value since the introduction or ST)
3. Suppose, if we have paid excess ST how to get back the amount from the Govt?
2. My Club's income is Rs. 16 lacs. Is the base limit of 10 lakhs for exemption available to us? I mean whether the Club has to pay ST on 16 lacs or 6 lacs (It has been paying ST on full value since the introduction or ST)
3. Suppose, if we have paid excess ST how to get back the amount from the Govt?
06 May 2009
1.Donation does not attract any service tax.
2. If you have not charged and collected any service tax upto Rs 10 lakh, then tax should be paid on only Rs 6 lakhs. Your last years turn over would determine the eligibility for exemption.
3. If you have paid excess amount to the Govt. then you can claim refund of the same upto a period of last one year.
2. If you have not charged and collected any service tax upto Rs 10 lakh, then tax should be paid on only Rs 6 lakhs. Your last years turn over would determine the eligibility for exemption.
3. If you have paid excess amount to the Govt. then you can claim refund of the same upto a period of last one year.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Tds on building rent monthly
- RCM INVOICING FROM NOV-2024
- Should I report my US salary for January, February, March in Schedule FA?
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
