If I install a landline connection and initially pay some
security, after that am I liable to pay service tax or
sales tax,both or none?
Answer Posted / abhivirthi
Payment of Security amount towards landline telephone
connection is only advance payment of one month rental which
is refundable at the time of surrender of landline telephone
connection. Hence this will not attract any tax liability
under any Act.
Payment of telephone bills for call charges including
rentals are only services provided and service charges will
be applicable for the services rendered. The telephone
provided for usage will have to be returned at the time of
surrender of telephone connection and hence there is no
transfer of property involved and no sales tax will be
applicable as there is no transfer of property involved.
ABHIVIRTHI Tax and Industrial Consultancy,
R.R.JAGADEESAN, Tax and Industrial Consultant
H-63, Palaami Enclave, New Natham Road
MADURAI-625014.
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
In India for various goods supplied Excise duties applied by suppliers on goods? How to check this.. Is there any website in
Define assessment year.
A Service provided has provided bill amounting rs. 100000 dt. 30/04/2013 & i have paid amount with 30000 Rs. as on 24/5/2013, & 20000 paid on 7/6/2013 & rest of the amount has been paid as on 15/6/2013 then on which amount TDS has been deducted. may it deducted on Bill amount or payment amount? If bill amount then at which date TDS entry should be done ? & if on Payment date then which date. and if i want to compute interest for late payment of TDS then Which date should be consider for interest payment computation. Do the needful for the same.
what is deemed sales? how to calculated
What are Excise Duty rates for Fin.Year 2009-10 for Pesticides and Chemicals Industries.
should we can take modvat benefit any time or they have some limit time to take input benefit claim?
how much TDS required in telecommunication services ? Any types of Telecommunication, provider or services receiver
can penalty be imposed under sec 96 of vat act west bengalfor goods destroyed or damaged
Is there any change in the section 80DD for the financial year 2009-10
Let me know the clauses (A)& (B) Of section 113 of the finance (No.2)Act2009?
what is the journal entry for sales on discont. what is the journal entry for purchase on diicount.
DEFINATION OF LABOUR ACT?
Define Amortization & Impairment?
Calculate debtors at the end of the year? debtors-50000, bad debts-2000, discount allowed-1000, 5% on bad debt, 2% discount allowed?
what is central excise tax