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Taxable service or not ??

Gowtham (Accounts Manager ) (89 Points)

18 December 2015

Dear sir/madam Whether hair drying is a taxable service or not .

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CA RAKESH KUMAR THAKUR (CHARTERED ACCOUNTANT) (283 Points)
Replied 18 December 2015

YES. IT IS A TAXABLE SERVICE.

Ravi Soni (Executive in Corporate Advisory) (54 Points)
Replied 18 December 2015

Since there is no entry in negative list of this service, It is taxable.

Madhukar N Hiregange (Chartered Accountant) (38934 Points)
Replied 19 December 2015

To decide liability of HAIR DRYING under ST.

1st- Check whether it is a service as defined - Yes

2nd- Check whether in Negative List - Not there.

3rd - Check whther any entry in mega exemption ( 25/12) fully covering the activity - not there.

4th - Check whether branded service? If not then whether taxable service amounted to rs. 10 Lakhs in previous year. If not eligible for exemption upto Rs. 10 Lakhs.

5th- Once liable eligible for capital goods + inputs + input service credit.

2 Like

Gowtham (Accounts Manager ) (89 Points)
Replied 19 December 2015

Thanq very much madhukar , ravi soni and rakesh

Aravind (student ) (48 Points)
Replied 19 December 2015

Yes.hair dying service is taxable

Ashok J (CA Final) (880 Points)
Replied 20 December 2015

Im working in a lpg gas agency...we collect processing fee of 350 rs for releasing new gas connection....will this also attract st if itvis more than 10 lacs.....i think yes.....its v much an activity for consideration......