This discussion clarifies whether a bus service is liable to pay Service Tax. It's confirmed that if the yearly turnover is less than £10 lakh, no Service Tax is payable. Furthermore, non-AC buses carrying local passengers are exempt from Service Tax.
05 March 2021
ONE OF MY CLIENT HAVE ONE BUS AS HE IS RUNNING HIS BUS FROM ONE PLACE TO ANOTHER TO CARRY ON PASSENGER.MY QUESTION IS THAT SHALL ANY SERVICE TAX IS LIABLE TO PAY FOR HIS YEARLY TURNOVER OR NOT ? KINDLY CLARIFY SIR.