Royalty paid to land owners towards extraction of minerals
This query is : Resolved
24 June 2017
Please let me know that Royalty paid to land owners towards extraction of minerals attracts service tax.
24 June 2017
Yes service tax payable on it.
24 June 2017
Thanks for answering. My one more question is that is it service tax payable under RCM. here land owner is individual and extraction of minerals doing by the Firm. please let me know tax applicability.
24 June 2017
Reverse charge not applicable here.
24 June 2017
Individual has to pay service tax if annual receipts exceed 10 lacs.
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