29 October 2012
i am working in National board of Accreditation which is autonomous body of AICTE,and NBA is registered under Society registration act. We are not paying any of tax. we are hiring a security service from a agency, due to new amendment of service tax is 75% of service tax should be deposited by service receiver, NBA does not come any services list which is given by service tax act then it is necessary to registration under Service Tax act,
29 October 2012
Sorry. You are not liable to Service Tax. As per new law, only company registered under Co. Act, 1956 is liable to pay tax on 75% amount.