Accounting code

Querist : Anonymous (Querist)
26 August 2014
my friend is teaching in pvt. coaching calsses (class is owned by other person)and he wants to register under service tax as his receipt will cross 10 lac limit.He is not under payroll and tds is deducted u/s 194j.

pls suggest which accountig head of service tax is applicable as accounting code need to fill in ST1 form of registration.

CA Tejas Mistry (Expert)
26 August 2014
It is clarified that service tax is on institutions/establishments. Therefore, only those service providers are covered under the service tax who have some establishment for providing commercial coaching or training i.e. institutional coaching or training. Thus, individuals providing services at the premises of a service receiver would not be covered under service tax. However, if coaching or training center provides commercial coaching by sending individuals to the premises of service receivers, such services would be chargeable to tax, as in this case, the individuals are rendering services on behalf of an institution.

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