Service tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 October 2012
i am a company and i am giving my company's logo for 200000 rupees to a company .
the another company will use this logo for a turn key project. Is service tax applicable on the service of giving my logo to other company for stipulated time period. If yes then under which head?
the another company will use this logo for a turn key project. Is service tax applicable on the service of giving my logo to other company for stipulated time period. If yes then under which head?
MOHAMMAD SALIM
(Expert)
30 October 2012
Yes it appears to be a service as per Section 65B(44) of Finance Act, 1994.
However the service tax need to be applied only if the total taxaxble services provided in a year / previous year exceed Rs 10 lacs.
With advent of negative list there is single head for services... Individula definitions of services have been dissolved from 1st July,2012.
Hope this would settle the issue....
However the service tax need to be applied only if the total taxaxble services provided in a year / previous year exceed Rs 10 lacs.
With advent of negative list there is single head for services... Individula definitions of services have been dissolved from 1st July,2012.
Hope this would settle the issue....
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- MSME disclosure and disallowance
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
