Service tax on ambulance service provided in private co.

rates 612 views 1 replies

Pl. help me in understanding Service tax charged on the ambulnace service provided in a private company for following situations:

1) Private company providing the service to private company and if new private company is started and in starting getting business of providing ambulance service in private company then what would be the process and limit to pay service tax.

2) Trust providing the service to private company (also is it possible?)

 

Thanks in advance

Replies (1)

In both the cases it will be taxable.However if the possession of ambulance is transferred to Pvt Co. but the effective control(terms of usage, all legal formalities)  remains with owner cmpany then in that case taxable vaue will be 40% of service value(N/N. 26/2012).


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