Packers and Movers Agency Service:
Any service provide by a person in respect of sale purchase leasing or
letting out of any immovable property is liable for payment of service tax
services of real estate consultant who provides direct or indirect advice
consultancy or technical assistance in relation to valuation designing
development construction supervision maintenance or management of real estate
is also liable for payment of tax. A vastu consultant is also covered by
provision of service tax act. A person conducting techno- economic studies,
feasibility report, marketing projects is also liable as a real estate agent.
Cost of material used for construction of building and reimbursement of
expenditure by the client is not taxable.
help full link for:
Security for packers and movers:
Service
rendered by a security agency in relation to the security of any property or
any person is liable for payment of service tax. A detective agency who is
engaged in providing investigation/ verification of services are also covered
as security agent. Gross amt charged in connection with the service rendered is
liable for service tax. However any ESI Employees Insurance or PF contribution
of the employees of security agency reimbursed by the client is not taxable. If
additional services are rendered by the security agency such as providing cooks
sweepers etc.
Best Rating of Packers and Movers:
Any service rendered by a rating and
relating to Credit rating of any financial obligation, instrument, security or
any project is liable for payment of tax. Such security or instrument includes
debentures, bonds, fix deposits etc. on the basis of such Credit decisions are
undertaken by a prospective investor after considering the safety of the
financial obligation.
Gross amount
charged by such credit rating agency is liable for tax. However only on
completion of credit rating function tax is required to be paid. Any advance
received will not attract if the job of credit rating is not complete. In
addition to new financial obligations credit is done periodically in respect of
existing financial obligations. Gross amount received for such regular surveillance
of existing rating is also liable for payment of tax. Fees are generally
received in certain per cent of the amount of debt sort to be rated. Rating of
any instrument generally remains under surveillance until the entire debt is
repaid. Other service rendered by such credit rating agency such as advisory
services customize service, implantation of government policy etc, is liable
for taxation as a management.
No comments:
Post a Comment