22 January 2015
It is taxable no exemption provided. Exemption provided only for services provided by charitable trust.
Services Provided “to” the CT
CT and UO can be SR as well. In the process of carrying out its activities, CT and UO receive services from various persons. It is the general perception that since CT and UO are not carrying on any business activities, there is no question of paying any ST for the services provided to them. At times, SP find it difficult to convince the Trustees and Office Bearers that as a SP they are required to pay ST irrespective of the legal status of the SR. Neither the NL nor Exemption Notification contains any clause granting absolute exemption or tax-free status to CT and UO.