Guyzz plz help me out...my query is...
If a partnership firm provides a service of insertion,packing, binding and bundaling of newspaper and magazines. is this service provided by firm is taxable???
CA Sushma Tiwari (EMPLOYED) (91 Points)
06 February 2012Guyzz plz help me out...my query is...
If a partnership firm provides a service of insertion,packing, binding and bundaling of newspaper and magazines. is this service provided by firm is taxable???
CA Unnikrishnan Nair N
(Chartered Accountant)
(2083 Points)
Replied 07 February 2012
Taxable under packing services. Basic exemption of Rs.10L is available.