16 April 2012
Recently in last budget exemption limit for contribution from member for service tax was hiked from Rs 3000 per month per member to Rs 5000 per month per member (as i am aware),can any one please relevant notification in this regard?
16 April 2012
Notification No. 12/2012 dated 17.03.2012, Sr. NO. 28 as follows:
28. Service by an unincorporated body or an entity registered as a society to own members by way of reimbursement of charges or share of contribution - (a) as a trade union; (b) for the provision of exempt services by the entity to third persons; or (c) up to an amount of five thousand rupees per month per member for sourcing of goods or services from a third person for the common use of its members in a housing society or a residential complex;
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