About taxability of service
This query is : Resolved
Shantanu Hundekari
(Querist)
13 July 2010
I want to know whether distribution of films is liable for service tax?
Porwal Consultancy
(Expert)
13 July 2010
yes
13 July 2010
Yes as of now... This lead to double taxation... VAt and service tax.. very soon it will be taken out of it.
ervice providers can look forward to availing of the benefit provided by Notification No. 12/2003-ST dated 29th June, 2003, in terms of which, a service provider selling goods as part of the service provider, is entitled to claim an exemption from the service tax levy, on the value of the goods sold as confirmed by documentary evidence. However, we should expect the Department to work towards refusing to extend the benefit of this Notification to the film distribution and health care sector on some pretext or other. Once these proposals are confirmed in the statute book, service providers and especially the hospitals and clinics, would need to put in systems and procedures to bifurcate the value of the medicines and goods sold by them so that, the benefit of Notification No. 12/2003 can be taken.
ervice providers can look forward to availing of the benefit provided by Notification No. 12/2003-ST dated 29th June, 2003, in terms of which, a service provider selling goods as part of the service provider, is entitled to claim an exemption from the service tax levy, on the value of the goods sold as confirmed by documentary evidence. However, we should expect the Department to work towards refusing to extend the benefit of this Notification to the film distribution and health care sector on some pretext or other. Once these proposals are confirmed in the statute book, service providers and especially the hospitals and clinics, would need to put in systems and procedures to bifurcate the value of the medicines and goods sold by them so that, the benefit of Notification No. 12/2003 can be taken.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Capital Gail Exemption Certificate
- Taxation of crypto futures in India Fy 2026- 2027
- MSME disclosure and disallowance
- EPF ECR NEW RULES Sep 17th 2026
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Accounting treatment of AMC alongwith the purchase of Laptop
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
