One of our Business Unit is providing free copy of the book to the member of its promotional activilty. For said activity some books are printed & some amount of money is received towards in that book.
Kindly advice, whether such amounts received will attract service tax under the regime of Negative List on or after 01.07.2012.
Can you further clarify why you receive money ???
Is it sale of books??? If yes then activity of trading is not liable to tax.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
