Ours is a society under which schools have been runned. and the Society is registered under U/s.12AA. This society is gonna construct another school,The builder is charging the serivce tax on the bills.I want to know wheather any exemption is there that society need not pay service tax???
Menu
Query on service tax?????
Replies (3)
No. You have to pay service tax to your service provider under present tax laws.
Services rendered by you are outside tax levy under exemption notification 25/2012 dated 20/6/12.
Regards,
sir
is this construction activity is not covered under a structure meant predominantly for use as an educational,a clinical and art or cultural establisment??? under notification 12/2012.
No. It qualifies for exemption only if such service is provided to goverment or local authority.
Recent Threads
- Income tax intimation -AY 24-25
- Tax Implications of Alumni Union (R) under Society
- Heard & Seen Around – Your Daily Economi
- Purchase and sales of Shares entry in Tally
- Where to know latest GST HSN Codes and their Rates
- Hsn code and rate cnsl crude oil
- Clarification required on taxation of income from
- Pension Income up to Rs.1,66,250 per month equal t
- Reappointment of Managing Director in a private li
- VAT deducted by Saudi company
Related Threads
CAclubindia
