Co-operative service society
This query is : Open
25 March 2013
Dear Experts,
My client is a co-operative service society registered under C-Op. Societies Act. Last year on 1st July'2012 we had applied for Service Tax Reg. under the category "Other than in Negative List".
The major activity of the society is collecting Maint. Income and accordingly utilizing the funds on the repairs and maintenance of the building and Lift, etc.
Apart from this, it also collects Parking Fees from Visitors and Other Non-members.
Now since there is a need for amendment in the same... Please advise under which category can we amend the services of the society ? Also, IS SERVICE TAX ACTUALLY LIABLE WHEN COLLECTION FROM NON-MEMBERS IS BELOW Rs. 9,00,000/- ???
My client is a co-operative service society registered under C-Op. Societies Act. Last year on 1st July'2012 we had applied for Service Tax Reg. under the category "Other than in Negative List".
The major activity of the society is collecting Maint. Income and accordingly utilizing the funds on the repairs and maintenance of the building and Lift, etc.
Apart from this, it also collects Parking Fees from Visitors and Other Non-members.
Now since there is a need for amendment in the same... Please advise under which category can we amend the services of the society ? Also, IS SERVICE TAX ACTUALLY LIABLE WHEN COLLECTION FROM NON-MEMBERS IS BELOW Rs. 9,00,000/- ???
Radhakrishnan K.V.
(Expert)
07 May 2013
You need not be registered under service tax act if the receipt is below 9lakhs.
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