| Originally posted by : suchit shah | ||
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i work in a construction company n we use to take maintainance deposite from our customers. whether we should charge service tax on that amount or not?? it would be better if u can give me a reference also thanks in advance |
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if deposit amount is refundable service tax will not be leviable.
Refundable deposits are not taxable.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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Naveen Fintech Pvt Ltd
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