APMCs liable to pay Service Tax till 30.6.2012 on renting of shops, sheds and premises: SC

EXCISE/ST/VAT : Agricultural Produce Marketing Committees are liable to pay service tax for period till 30-6-2012 on renting of shops, sheds and premises; Such activity is discretionary and not mandatory and therefore, exemption as per CBIC Circular dated 18-12-2006 on inapplicability of service tax levy on sovereign / public authorities performing statutory functions, is not applicableEXCISE/ST/VAT : Agricultural Produce Marketing Committees are liable to pay service tax for period till 30-6-2012 on renting of shops, sheds and premises; Such activity is discretionary and not mandatory and therefore, exemption as per CBIC Circular dated 18-12-2006 on inapplicability of service tax levy on sovereign / public authorities performing statutory functions, is not applicablewww.taxmann.com Latest Case LawsRead More

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