Applicability of service tax "plz help"

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Rakib (Querist)
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09 August 2012 I have a business where we collect money from flat owners of a residential complex for maintenance, electricity, security etc. All manpower is provided by us. we meet all expenses out of the collection money. Any extra expenses is done by the construction company as the complex is not yet fully occupied. We take very little commission for manpower supply only. Under these circumstances is service tax applicable? If applicable then how I calculate the assessable amount for tax calculation? PLZ HELP."IT SHOULD BE NOTED THAT THE COLLECTION BUSINESS IS PROPRIETORSHIP"

Amol S Joglekar

Amol S Joglekar (Expert)
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09 August 2012 Service Tax is applicable if the money collected exceeds the taxable limit. (10 lakh)

Amol S Joglekar

Amol S Joglekar (Expert)
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09 August 2012 25% by service provider and 75% by service receiver. notification 30 of 2012 might help you in this regards.

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