Service tax very imp

This query is : Resolved

krishna (Querist)
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20 November 2012 Hi,

Please can any one tell me

Whether service tax is attratacted on services received by the rbi......

and if yes then what about reverse charge mechanism services....???

Please reply along with details of circulars..

Thank you......

Pankaj Gupta

Pankaj Gupta (Expert)
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21 November 2012 Neither the services of RBI are taxable nor the services provided to it are taxable.
It is fully tax free. Exemption to RBI has been granted u/s 93.

krishna

krishna (Querist)
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28 November 2012 can you please elaborate....can you provide any link or notification..

Thank you....

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Pankaj Gupta

Pankaj Gupta (Expert)
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29 November 2012 No need of any notifications.
Read sec 93. Everything is mentioned over there.