Praveen Kumar A.n. (Aricle Student) (31 Points)
23 March 2011Please can any one solve my problem
Is Cervice Tax applicable to trading of Oxygen Cylinders (Small Scale Industries) and what is the exemption limit.
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 23 March 2011
oxygen cylinders supply is a sale of oxygen
no service tax is applicable,
if your service comes under "rent of plant and machinery" then threshold limit is 10 Lacs,
CAclubindia
