30 April 2014
One of my client is having business of cold storage & receiving storage charges of Rs. 1,300,000/- approx. inclusive of Rs. 400000/- approx. received on account of recovery of electricity & water charges. What is the applicability of Service Tax?
30 April 2014
it is exempted services as per 25/2012-st line no read below lines 14. Services by way of construction, erection, commissioning, or installation of original works pertaining to,-
(a) an airport, port or railways, including monorail or metro;
(b) a single residential unit otherwise than as a part of a residential complex;
(c) low- cost houses up to a carpet area of 60 square metres per house in a housing project approved by competent authority empowered under the ‘Scheme of Affordable Housing in Partnership’ framed by the Ministry of Housing and Urban Poverty Alleviation, Government of India;
(d) post- harvest storage infrastructure for agricultural produce including a cold storages for such purposes; or
(e) mechanised food grain handling system, machinery or equipment for units processing agricultural produce as food stuff excluding alcoholic beverages;
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