TMI Blogin which head service should be classifiedX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Experts, If a service provider is providing the facility to Hostel students like mess facililty, renting to immovable property and furniture facility then in which head this service should be classifiable i mean two or more service should we registered ourselves. Thanks in advance..!! - Reply By KASTURI SETHI - The Reply = Sh.Varun Arora Ji, Answer to your question is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Bundled Services. - Reply By Ganeshan Kalyani - The Reply = I agree with Sri Kasturi Sir. The answer to this query is in issue Id 109858 by Sri Rajagopalan Sir. Thanks. - Reply By vijay kumar - The Reply = Please refer to Section 66F of the Finance Act, 1994 which reads as follows: 66F (2) Where a service is capable of differential treatment for any purpose based on its description, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the most specific description shall be preferred over a more general description. (3) Subject to the provisions of sub-section (2), the taxability of a bundled service shall be determined in the following manner, namely:-- (a) if various elements of such service are naturally bundled in the ordinary course of business, it shall be treated as provision of the single service which gives such ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... bundle its essential character; In your case, you are providing the Hostel accommodation along with mess facility and furniture facility. It's a case of naturally bundled services. The service which gives it the essential character is the hostel accommodation service, other services being incidental in nature (mess and furniture facility could be optional too). You may classify your servi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ce accordingly. - Reply By KASTURI SETHI - The Reply = Sh.Vijay Kumar Ji, Kindly go through my views in Issue ID 109858. I am of the view that the words, Complete Package includes all the services provided by the querist but I am not sure about it. Only querist knows about this aspect. In case Complete Package includes all services, then it should be one Bundled Ser ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vices and the assessee would be eligible for abatement. I also want to know your views. Thanks a lot. - in which head service should be classified - Query Started By: - varun arora Dated:- 11-2-2016 Service Tax - Got 4 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagemen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
