Educational Institute - Service Tax


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Querist : Anonymous

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Querist : Anonymous (Querist)
12 November 2009 An educational institute, a school, avails electronic equipments (Computers, TV, Printers, projectors) for it's day to day usage in schools from a private limited company and in return pay a fixed sum of money to private limited company at regular intervals. What will this arrangement be called in legal parlance?
Does this amount to service by Private Limited company to the school (or trust promoting the school)?
What are service tax implication? Is there a provision of TDS for service tax?

Jitender (Expert)
12 November 2009 if after payment of certain instalment ,goods will be of school then service tax will not be attracted otherwise it is renting, & service tax is applicable, depending upon its amount.


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