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Service tax liability on a sub DSA

Service Tax (Legacy) 2134 views 4 replies
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Chartered Accountant
87 Points Posted on 26 September 2007
one person is a sub DSA of a bank providing clients for car loans. Now my question is whether he is liable for service tax or not and if liable whether he can avial the exemption of Rs 8 lakh or not?
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On 26 September 2007 at 19:48 Report
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SERVICE
315 Points Posted on 27 September 2007
Services provided by DSA to banks will cover under Business Auxiliary services. The basic exemption limit of Rs. 8.00 applicable to a DSA.
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On 27 September 2007 at 10:22
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SERVICE
315 Points Posted on 27 September 2007
Pls read Rs.8.00 as Rs. 8.00 Lakhs in my earlier reply.
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On 27 September 2007 at 10:23
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3134 Points Posted on 27 September 2007
Yes after reaching to basic limit of 8.00lacs,DSA is liable for ST.
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On 27 September 2007 at 13:40
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Chartered Accountant
87 Points Posted on 27 September 2007
thanks for the reply but my question was related to the SUB DSA so, please consider this and now suggest.
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On 27 September 2007 at 22:12


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