Basic Concept of Service Tax Amendments for May 2017 Exams
Similarity and Difference between SBC AND KKC
Lottery Distribution/Selling Agent Now Taxable You are here
Tax on Passenger Transport by AC Stage Carriage(AC Bus)
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Service Received by apparel exporters in relation to fabrication of garments of Job worker
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Basic Concept of Service Tax Amendments for May 2017 Exams
Last updated at May 29, 2023 by Teachoo
We know that
Service tax is imposed on Service
And
Service does not include Transaction in Money
Now it is clarified that
Transaction of Money does not include activity of Lottery/Distribution/Selling Agent
Hence,in effect
Activity of Lottery/Distributin/Selling Agent is a Service and Service tax will be charged on it
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