Service tax applicability

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Querist : Anonymous

Querist : Anonymous (Querist)

15 April 2013 Sir, Is Service Tax applicable on Nandi award Prize Money?

CA Vikas Acharya

CA Vikas Acharya (Expert)
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15 April 2013 it is not something received as a consideration for any activity.
as per the edu. guide on service tax by CBEC,
'activity for consideration' involves element of contractual relationship. so when it is not present, even if the activity lead to accrual of gains to the person carrying out the activity, it can not be said consideration.
since no consideration, No Service. (65B(44))
No Service No service tax (66B)