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QUERRY - - - - EXEMPTION

824 views 3 replies

Adv. S Sharma

Lawyer

574 Points Joined October 2007

Hi guys

Querry - - I m providing taxable service ( commercial coaching service ) on which I charge service tax frm students nd deposit the same to dept. I also provide books for student.

now should I charge service tax frm students on providing books also or charge VAT coz ther is treansfer of property.

thx nd regards,

Sachin

Replies (3)

Shaily Jain

Chartered Accountants

1054 Points Joined June 2007

No VAT is applicable on sale

Shaily Jain

Chartered Accountants

1054 Points Joined June 2007

U should only charge S.TAx frm students as far as my knowkedge

HI Service Tax is applicable on services. But when you sell gooeds VAT is attracted. BUt I think books are not chargeable to VAT. Pls confirm this first. So if it is so, dnt charge VAT on books. Vijay