05 October 2013
Hello CAclubindia Members! This is my first post on CAclubindia. So kindly ignore for my unprofessional ism & layman way of querying.
Is there any kind of TAX/DOCUMENTS/CHALLANS/DECLRATION FORMS/FORMALITIES/ETC on rental of IT Goods by Educational Institution from Non-registered CHARITABLE ORGANIZATION.
I am running a Non profit organization which is not registered and its goal is to promote IT in the society. For IT promotion, we will be sponsoring IT Equipments like Networking Switch, Networking cables & Power strips at "0 cost" to an event at technical fest of college. Equipemnts will be carried from one city to another. Kindly assist me for any kind of LEGAL FORMALITIES in moving IT equipments.
06 October 2013
There is no formality for movement of goods under serrvice tax. 2. If there is no consideration it does not amount to service and sevrice tax is not applicable