15 January 2017
1 of my client own a shcool. The school is conducting a seminar in Gujarat in a Trust.
The school is charging Rs 200000. The breakup of the fees is as follow:
a). Rs 1,20,000/- for material provided to the audience. the material consist of a booklet related to the seminar.
b). Rs 50,000/- is the fees of the school for providing the materials for the seminar like videos.
c). Rs 30,000/- is the fees of the trainer who will be exclusively coming for the seminar.
kindly guide whether the school should levy service tax on the bill or not.
16 January 2017
You have not mentioned nature of seminar.? Whether it's related to academic or not? School comes under mega exemption notification. If it is not related to academic service tax will applicable on seminar Exps, you can take threshold limit for upto Rs.1000000/- if you have not registered under service tax.
CAclubindia
