Dear Sir,
Any body help me that service Tax is applicable for coaching Institute or not from 01/07/2012 like CA/CS coaching Classess are entitled to take service tax or not
4 Replies
CMA RAVI
(ASSISTANT MANGER - FINANCE)
(478 Points)
Replied 25 December 2012
If the turnover is above Rs. 10 lakh then the assessee has to collect, deposit and file returns before due dates.
CMA RAVI
(ASSISTANT MANGER - FINANCE)
(478 Points)
Replied 25 December 2012
Further said its applicable as its not covered in the negative list to the best of my knowledge. If im wrong correct me.
praveen
(Chartered Accountant)
(6971 Points)
Replied 25 December 2012
Yes it is applicable.
It is not covered under the negative list.
sateesh
(Senior Manager Accounts and Secretarial)
(26 Points)
Replied 26 December 2012
Hello sir,
Since the same is not covered in Negative list. Service tax is applicable.
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