Exemption of service tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 May 2014
If we are working for an organization registered under 12AA.
Is it required to notify in our contract doc that we wouldn't be responsible for Service tax to avail the exemption or is it understood.
Is it required to notify in our contract doc that we wouldn't be responsible for Service tax to avail the exemption or is it understood.
Annu Agarwal
(Expert)
04 May 2014
If you are providing services as a entity registered under U/s 12AA of the income tax act by way of activities other than charitable activities ,then you are liable to service tax.
As per my understanding it is better to mention inthe contract documents that you are registerd under section 12AA ,so you are exempted by virtue of notification 26/2012 in case you are providing charitable activities.By doing this ,it shall help you in dealing with Service tax issues if any at later stages.
As per my understanding it is better to mention inthe contract documents that you are registerd under section 12AA ,so you are exempted by virtue of notification 26/2012 in case you are providing charitable activities.By doing this ,it shall help you in dealing with Service tax issues if any at later stages.
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