Please anyone tell me that annual maintenance charges is chargeable to service tax or not? or is there any exemption ?
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Annual maintenance charges
Replies (2)
yes ., its chargeable., the exemption limit 10 lac
AMC is just a name. It is actually a service remuneration and tgerefore chargeable in the same way as the other remunerations. Exemption limit of 10 L is valid on combined fee recd.
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