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Negative list item

Rajat Agrawal (Practising Company Secretary) (433 Points)

05 September 2012

In Service tax negative list, there is an item of agriculture wherein plantations are included and tea is included too. I want to know if we export sale tea leaves will it be exempt or taxable? I mean, negative list is applicable on tea leaves or finished product of tea? Please help me. Thank you friends

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3 Replies

Unmesh (Consultant) (83 Points)
Replied 05 September 2012

your case will be covered under trading of goods clause (e) of section 66D, hence not taxable.

CA Unnikrishnan Nair N (Chartered Accountant) (2083 Points)
Replied 05 September 2012

It is sale of goods not liable to service tax.

Rajat Agrawal (Practising Company Secretary) (433 Points)
Replied 05 September 2012

I was reading a guidance note Q) Would plantation crops like rubber, tea or coffee be also covered under agriculture produce? -- Yes. Such plantation crops are also covered under agriculture produce. I want to know whether the tea given here is tea leaves or finished product of tea?