Service tax input

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CA Pramod Kulkarni

Practicing Chartered Accountant

80 Points Joined November 2009

Dear Friends,

Assessees business is to deal in mobile currency i.e., he purchases currency from Airtel, BSNL and like other service providers and sell it to the local dealers. Whether he has to take Service Tax Input while purchasing and has to charge service tax while selling the currency.

Thanks and Regards

Pramod

Replies (1)

Aditya

37 Points Joined April 2009

Hi,

as per notfn. 25/2012, services provided by selling agent or a distributer of SIM cards or recharge coupon vouchers is wholly exempt from service tax.