Tax Applicability

This query is : Resolved

suparna k s (Querist)
Follow

27 May 2009 Hi All

M/s XYZ ltd constructed building and asked an institution to run the school in that building. For running the school, M/s XYZ ltd pays management fees to the institution. The management fees is around Rs, 12Lakhs. The admission fees, monthly fees is collected by M/s XYZ LTd.

Is there any applicability of service tax?

Madhukar N Hiregange

Madhukar N Hiregange (Expert)
Follow

27 May 2009 This service is of managing the school and may not be covered under business and management consultants.

Pl examine whether the same could ocme under BSS.

If not covered under any of the entries there would be no liability.