service tax on educational trust

Cost Accounts 1726 views 1 replies

Sir,

Ours is a Education Trust under which we runs school in frenchise system.and we have to pay commission on fee received from students, to our frenchise partner.

now the question is this that are we liable to pay service tax? at present they are charging service tax on commission amount by 12.5%

If Educational Trust / Schools are exempted from Service Tax then pl. tell me Notification No.

Thanks

Replies (1)

IF EDUCATION TRUST ARE RECOGNISED BY GOVT THEN TDS IS NOT DEDUCTED & YOUR CASE YOU ARE GIVEN FRENCIES SO SERVICE TAX IS APPLICABLE TO YOU


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register