Service tax input credit of security services for charitable trust
This query is : Resolved
02 March 2014
Dear Expert ,i have a querry . One of our client is a charitable trust registered under sec 12AA But apart from charitable activities it is providing two services i.e. Renting of immovable property(giving space for stall at d time of Fair to outsiders) and space to telecom company for their tower and receiving rent and paying service tax on it. Now my question is wherther they can avail service tax input credit charged by security guard agency for all 12 months. Note: space for stall provided for 10 days in a year only and total amount received more than 1 cr. Incl. Service tax.
02 March 2014
You can not avail the cenvat credit on duty paid on security services. Security services is an another services, you need to pay service tax under reverse charge systems.
03 March 2014
Mr. Arun but reverse charge is not applicable on trust.
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
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ECO SUPPLY REPORTIONG IN GSTR-1
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- CCFS 2026 Schemed
- Subscription paid to foreign customer
- Two seprate Invoice needed
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
