Hi,
We provide training and coaching services to students. As part of the course curriculum, we are providing course material on the subject and we collect the cost of course material and training fee in the bill. We are charging service tax only on the portion of the training fee.
For Eg:
Cost of study material Rs.3000.00
Training fee Rs.1000.00
Service tax @ 12.36% on Rs 123.60
Rs.1000/- ------------------
Total billed value Rs.4123.60
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My query -
Is the above billing correct ?
Whether the above nature of services comes under works contract (since both material and service is involved), if so , what is the percentage of the value on which service tax need to be charged.?
Please clarify?
Thanks