29 January 2015
I run a start up that provides remedial programs for in school and out of school children. I am planning to apply for some donor funding to do this program for a few kids. When I apply for this funding, I would be stating the unit cost per child. The total value of this proposal would be ~ Rs. 14-15 lakh.
My question is do i need to collect service tax since my revenues would exceed Rs. 10 lakh. Also, does what I do feature in the negative list?