13 October 2016
If the mall is getting electricity at rate of Rs.10/- per unit from department. Can mall charge electricity at rate of Rs.11/- per unit. Does excess charged amounts to service and liable to service tax.
13 October 2016
Electricity Charges recovered by mall are liable to service tax irrespective of the rate at which it is recovered. Service tax has to be charged on the amount recovered i.e. Rs 11/- or Rs 8/- whatever.
CAclubindia
