18 December 2015
Is service tax applicable in case of residential and commercial associations, where maintainance income is received by such associations formed for non profit purpose?
18 December 2015
Service tax will be charged if the contribution from members Rs. 5000/- per month per person. However association can claim exemption of SSP of Rs 10 lacs. and if service tax is payable then while calculation service tax expenses incurred as pure agent will be excluded.