TMI Blogtax on following servicesX X X X Extracts X X X X X X X X Extracts X X X X ..... A Company is carrying vocational training courses like Fitter , Quality Testing, Mobile repairing, Beauty parlor etc. It has two mode of receiving consideration Tuition fee from students or grant from ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Govt. to be recd based on no. of students doing particular course. Govt grant is recd under Govt Schemes after completion of course. Whether above two nature of receipts are exempt from Service Tax a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nd if yes then under what condition? - Reply By Dilip Darji - The Reply = Dear Sir. The Services provided by you are not liable to exemption under Noti.No.24/2004-ST dt.10/09/2004, as amended, a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s it appears that your institute is not affiliated to the National Council for Vocational Training. Regarding valuation, you are required to Service Tax @ 10.3 % on the fees being received by you fr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... om the students. Grant received by you is not liable to Service Tax for the reason that Donation or grant-in-aid is not specifically meant for a person receiving such training or to the specific act ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ivity, but is in general meant for charitable cause championed by the registered Foundation (Refer CBEC Circular No.127/9/2010 dt.16/08/2010.. - tax on following services - Query Started By: - a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... jay singh Dated:- 29-9-2011 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxm ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|