Repairing charges received is attract to service tax, if yes what is the basic limit.
Repairing charges received is attract to service tax, if yes what is the basic limit.
repair & maintenance of machine & machinery & equipment under a contract/agreement is liable to tax under "management, maintenance or repire services" - Section 65 (105)(zzg) of Finance Act, 1994. the threshold exemption limit is Rs.10/- lacs under Notification No.06/2005-ST dtd.01.03.2005.
Vardhaman Group of India
Pimpri Chinchwad
CA Inter
View Details
Aggarwal Sarawagi and Co
New Delhi
CA
View Details
CAclubindia
