I want to know what is service tax rate on canteen service if my canteen is situated in company premises. i have charge service tax 12.36% on 60% of the basic value is it right or wrong.
If the canteen do have Central AC/ Central heating alongwith license to serve alcohol. Then only service tax will be applicable another wise it is exempted from service tax.
The draft circular F. No 354/127/2012-TRU dated 27-7-2012 supports this view.
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