Service tax

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(Querist)
06 December 2013 A PRIVATE LIMITED COMPANY (NOT A SHARE BROKING COM)..DOING BUSINESS

IN SHARES PURCHASE/SALE AND GIVING LOANS & ADVANCE ON INTEREST.....

I WANT TO KNOW IS SERVICE TAX APPLICABLE TO THIS COMPANY...REGARDS..
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
06 December 2013 IF THEY ARE PUR AND SELLING ON BEHALF OF CLINETS AND CHARGING COMMISION THEN YES BUT ONLY WHEN GROSS REVENUE FROM SUCH ACTIVITIES EXCEEDS RS 10 LAKHS.
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