Service tax on trust
This query is : Open
08 September 2012
Sir/Madam,
With effect from 01.07.2012 onwards whether Service Tax is to be collected from Trust for work done/Bills raised in the name of Trust.
Previously, Trust is not a commercial entity,Service Tax not collected from Trust.
In view of recent changes,based on negative list of Services,is Service Tax applies to Trust?
Thanks
Siva
With effect from 01.07.2012 onwards whether Service Tax is to be collected from Trust for work done/Bills raised in the name of Trust.
Previously, Trust is not a commercial entity,Service Tax not collected from Trust.
In view of recent changes,based on negative list of Services,is Service Tax applies to Trust?
Thanks
Siva
09 September 2012
Trust as such is not exempted from the tax.
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