Applicability of service tax
This query is : Resolved
30 November 2011
Dear Experts,
Please help me regarding applicability of Service Tax on Sec. 25 companies in following Sources of income:
1. Donation and Grant
2. Sponsorship
3. Membership fee a) Founder Member and b) Annual member.
4. Sale and purchase of Journal books etc.
Nature of company is to promote association conducting workshop conferences and focus groups etc.
thanks
Please help me regarding applicability of Service Tax on Sec. 25 companies in following Sources of income:
1. Donation and Grant
2. Sponsorship
3. Membership fee a) Founder Member and b) Annual member.
4. Sale and purchase of Journal books etc.
Nature of company is to promote association conducting workshop conferences and focus groups etc.
thanks
30 November 2011
A sec 25 company is not exempt from the applicability of the provision of the service tax act just because it is engaged in the charitable activities. You have check that whether services provided by the company are subject to service tax or not. If it is so then read provision of that taxable service and then check that whether services provided by your company are taxable or exempted.
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