Can assessee get basic exepmption limit of 10 lakh for service tax if he is using brand name of others for his reatsaurant business
CA Vishal Mehta (CA) (123 Points)
24 November 2016Can assessee get basic exepmption limit of 10 lakh for service tax if he is using brand name of others for his reatsaurant business
Sunil Kumar
(Indirect Taxation )
(1246 Points)
Replied 24 November 2016
No, he would not be entitled to get Benefit of this exemption.
Here is the relevant text of notification no 33/2012:
Provided that nothing contained in this notification shall apply to,-
(i) taxable services provided by a person under a brand name or trade name, whether registered or not, of another person; or
Regards