will the Company liable to pay Service tax if the turnover
exceeds 10 lakh and in the business of purchase and sale of
products?

Answers were Sorted based on User's Feedback



will the Company liable to pay Service tax if the turnover exceeds 10 lakh and in the business of ..

Answer / gurjinder s. batra

As there is no service rendered, hence no service tax payable

Is This Answer Correct ?    4 Yes 0 No

will the Company liable to pay Service tax if the turnover exceeds 10 lakh and in the business of ..

Answer / gulzar.thpl@gmail.com

Service tax is charged only on Services ( ie.
telephone,transpotation, air tickets,profectional and
technical services etc.) , not on sales and purchased.

Is This Answer Correct ?    1 Yes 0 No

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