Clarification on definition of service tax
This query is : Resolved
22 May 2013
Dear Expert,
I would like to have some clarity on the definition of Business Entity used under reverse charge mechanism. Whether a Non Profit Organization or Non Governmental Organization is covered under Business Entity?
Thanking You in advance
I would like to have some clarity on the definition of Business Entity used under reverse charge mechanism. Whether a Non Profit Organization or Non Governmental Organization is covered under Business Entity?
Thanking You in advance
25 May 2013
as per Section 65B(17)
Business Entity means a ANY PERSON ordinarily carrying out any activity relating to industry, commerce, or any other class of business.
so generally NPO NGO not covered unless they do business activities
Business Entity means a ANY PERSON ordinarily carrying out any activity relating to industry, commerce, or any other class of business.
so generally NPO NGO not covered unless they do business activities
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