09 May 2012
We are running a Retail Outlet of Petroluem Products. Annual TO is 15.00 Crore. Further PUC Test 2,50,000 Car washing Charges 125000, Service Charges 23000. is this items service taxble ?
09 May 2012
Turnover of retial outlet of petrol, would not be included, for calculation of exemption limit, as the activity is TRADING and trading is covered in negative list.
CAclubindia
