Service tax issue
This query is : Resolved
29 November 2016
Professionally I am an architect and I give Tuition to the students who are doing course of architect. Whether I will have to charge service tax from my students? How much percent in case of recovery of service tax ? . Whether I will have to file service tax return also?
29 November 2016
If ur turnover crosses the prescribed limit in Service Tax(10 L), then u must charges ST separately in ur invoice.
29 November 2016
Before charginf service tax u need to register your self as assessee once your fees exceeds rs. 9 lakhs.
29 November 2016
Providing coaching or tuition classes falls under taxable services.
If you had provided such services exceeding rupees 9 lacs then you should apply for registration as soon as possible.
Only if taxable service provided exceed Rs.10 lacs then only service tax liability will come into force.
Service tax will be payable @14 percent along with SBC and Kristi Kalyan Cess.
If you had provided such services exceeding rupees 9 lacs then you should apply for registration as soon as possible.
Only if taxable service provided exceed Rs.10 lacs then only service tax liability will come into force.
Service tax will be payable @14 percent along with SBC and Kristi Kalyan Cess.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- PAYMENT NOT SEND IN 180 DAYS
- Long term Capital gains received on sale of Residential Plot of land 10 years after buying it
- RCM INVOICING FROM NOV-2024
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
