Meaning of business entity

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 April 2013 Sir,

Whether Trust ( Educational Institutions) are business entity under Service Tax? Do reverse charge mechanism is applicable to Educational Instituions?

Can you please clarify.



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CA.A.Joseph Amul Raj

01 April 2013 See 65B(17)

“Business Entity” means any person ordinarily carrying out any activity relating to industry, commerce or any other business or profession

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 April 2013 Sir
This definition i also read from the book. The question is whether the function of the educational institution can be construed as " any activitity relating to industry, commercem or any other business or profession. If so whether reverse charge mechanism is also applicable?




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