COLD STORE WHICH PROVIDE SERVICE FOR AGRICULTURAL PRODUCTS.
ARE THEY HAVE TO PAY SERVICE TAX FOR PRESERVING AGRICULTURAL PRODUCTS ?
IF YES PLEASE GIVE THE NOTIFICATION NO
IF NO PLEASE GIVE THE NOTIFICATION NO .
6 Replies
CA Harshal Totla
(Chartered Accountant)
(2229 Points)
Replied 24 June 2016
Storage and warehousing of agricultural produce covered by Negative List 66D (d) (v). All storage covered whether cold storage or otherwise.
CA Saurabh Singh
(Practising Chartered )
(974 Points)
Replied 24 June 2016
Yes if you are providing the same for storage of agriculture products the same is exempt from service tax, else taxable
EKALABYA TALUKDAR
(SERVICE TAX CONSULTANT)
(666 Points)
Replied 24 June 2016
THANK YOU FOR YOUR ADVICE
IS THERE ABY EXEMPTION OR ABATEMENT FOE AGRICULTURAL PRODUCT ?
CA Saurabh Singh
(Practising Chartered )
(974 Points)
Replied 24 June 2016
Service provided in relation to agriculture is completly exempt from service tax, hence no need to take abatement.
EKALABYA TALUKDAR
(SERVICE TAX CONSULTANT)
(666 Points)
Replied 24 June 2016
THANK YOU FOR YOUR COMMENT
CAN YOU PLEASE MENTION THE NOTIFICATION NO OR ANY SECTION etc
CA shanky pahoja
(accountant)
(615 Points)
Replied 24 June 2016
sec. 66d is for services covered under negative list.
such services are out of the service tax chargability.
sec 66 d covers services related to agriculture activities such as processing, supply of manpower for agriculture, renting of land for agriculture , inter alia, it includes storage service to.
so warehosing of agriculture product is not taxable by virtu of sec 66 d of the act
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