Go AD-Free with CAclubindia Pro and Daily Mobile Updates. Subscribe Now!

service tax on providing gym facilites

rates 3419 views 2 replies

shweta jain

Assisstant Audit Manager

124 Points Joined September 2007

if only 1 hour classes are conducted on daily basis and payment is recd at the begining of evry class.... shud the owner charge service tax on such small amounts if she is paying service tax on the other incomes of her business?? what is the minimum limit of income from the whole business for charging service tax .

Replies (2)

Jeevesh Mehta

Advocate- Corporate Commercial & Indire

861 Points Joined February 2009

Dear Shweta,

If the aggregate value of the taxable services does not exceed Rs 10 Lakhs in a financial year, you do not have to pay the service tax.

regards

Jeevesh

shweta jain

Assisstant Audit Manager

124 Points Joined September 2007

thank you

what if there are recepits that depends on the number of persons joining a class daily?? service tax is not charged from the memebers on theses amounts but these receipts will be included in the total income so will the gym have to pay for the service tax from its own resources??