our newspaper boy provided us a bill for the last month amounting Rs. 150 saying Rs. 20 is collected as a service charge. Does service tax is applicable?
JAGANATHAN R ACMA, SAP(Fi-Co)
(Manager Accounts and Finance)
(915 Points)
Replied 12 August 2015
service tax is not applicable this type of transaction, you can treat this as newspaper cost
Live class on PF & ESI Enrollment & Returns Filing(with recording)