Chartered Accountant
39039 Points
Joined September 2008
To decide liability of HAIR DRYING under ST.
1st- Check whether it is a service as defined - Yes
2nd- Check whether in Negative List - Not there.
3rd - Check whther any entry in mega exemption ( 25/12) fully covering the activity - not there.
4th - Check whether branded service? If not then whether taxable service amounted to rs. 10 Lakhs in previous year. If not eligible for exemption upto Rs. 10 Lakhs.
5th- Once liable eligible for capital goods + inputs + input service credit.