Urgent
suchit shah (Dy. Manager(Finance & Accounts)) (208 Points)
02 December 2011suchit shah (Dy. Manager(Finance & Accounts)) (208 Points)
02 December 2011
gkparmar
(proprietor)
(27 Points)
Replied 02 December 2011
Originally posted by : suchit shah | ||
i work in a construction company n we use to take maintainance deposite from our customers. whether we should charge service tax on that amount or not?? it would be better if u can give me a reference also thanks in advance |
if deposit amount is refundable service tax will not be leviable.
CA Unnikrishnan Nair N
(Chartered Accountant)
(2083 Points)
Replied 03 December 2011
Refundable deposits are not taxable.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)