parking and toll tax
This query is : Resolved
11 February 2010
hi,
Dear Sir,
whether parkin and toll tax is liable to service tax.
i m referring the accounts of one co. where party has sent invoice to our co and they have clubbed the figure of parking exp into the final figure and service tax calculated accordingly
pls explain
Dear Sir,
whether parkin and toll tax is liable to service tax.
i m referring the accounts of one co. where party has sent invoice to our co and they have clubbed the figure of parking exp into the final figure and service tax calculated accordingly
pls explain
Rajesh Kumar
(Expert)
12 February 2010
There is no specific heading for these services, and hence service tax is not payable. However, the service tax is so much loosely worded (worst tax legislation one can imagine), people prefer to pay rather than contesting loosely worded tax law.
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