service tax applicable on franchise

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Utkarsh Kumar Sinha

Utkarsh Kumar Sinha (Querist)
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23 June 2009 service tax applicable on franchise

Utkarsh Kumar Sinha

Utkarsh Kumar Sinha (Querist)
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23 June 2009 any boy help me for this

SIDDHARTHA SANKAR ROY

SIDDHARTHA SANKAR ROY (Expert)
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24 June 2009 Yes service tax is applicable on franchise service w.e.f 01.07.2003.The franchisor is liable to collect service tax from the franchisee and deposit in the govt account.

Exemption upto Rs 10 lakh is available for small service providers.

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