Co-operative liable to Service tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 May 2011 Dear Experts,

Residents of a building has formed a co-operative for maintenance of the building. Is such co operative liable for reg. under service tax and pay the same ?

Thnx in advance

13 May 2011 This is taxable under Clubs or Association service. Basic exemption of Rs.10 lakhs is available. Also service tax is not leviable if monthly contribution from individual member is less than Rs.3000/-


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