Why is Service Tax being recovered from me on purchase of a coupon?
Why is Service Tax being recovered from me on purchase of a coupon?The facility of Legal research provided by All India Reporters Pvt. Ltd. through its website www.airwebworld.com is in the nature of a service to it's subscribers.
This service is notify for the levy of Service Tax under the category No.36 named "On-Line Information and Database Access and/or Retrieval Service".
Effectively, service tax of 12.36% [12% of service tax plus 3% of secondary and Higher Secondary Education cess] is leviable on the gross value of service.
Hence, an AIR Website Coupons Service Tax is being levied @ 12.36%.
A table of amount of Service Tax is provided below :
AIR Website Coupons Service Tax @ 12.36%
a) AIR Registration Coupon of Rs.600/- Rs.75/-
b) AIR Registration Coupon of Rs.750/- Rs.95/-
c) AIR Recharge Coupon @12.36% on the gross value of coupon