Service Tax on Prepaid phone recharge business

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Max Payne (Querist)
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04 August 2009 Dear Friends is recharging of prepaid mobile phones taxable service?

Can any body give any notification(s)regarding determination of taxable value.

1. I am having doubt, because anyway the cellular phone company collects the service tax on the recharge value. So whether the person running a recharge center is liable to collect service tax?

2. In case the recharge center is liable to collect service tax, Is only the margin earned subject to service tax or is the entire recharge amount to be subject to service tax again?

Dear friends please give your expert advise on this matter.

Thanks in advance

Madhukar N Hiregange

Madhukar N Hiregange (Expert)
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05 August 2009 Where you buy and sell currency and make a profit in between there is no ST at all.

Where you purchase at face value and then are given a commission that wouldbe liable.

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