shaik khaja moinuddin
(Querist) 23 December 2015
This query is : Resolved
Dear Sir, Greetings of the day! I am a chit member with Kapil chits Mancherial, Adilabad-Dist, Telangana- state.
I participated in the auction and won the chit and prized with chit money.
After that they charged the service tax on me and deducted service tax amount from my chit prized amount.
Now As per the information available online, it is clear that there is an amendment in Financial Act 2015 which was presented by Hon’ble Union Finance Minister Mr. Arun Jaitley in the Lok-Sabha. And this service tax is applicable to service provider that is foreman of the chit (or) is it to the subscriber i.e. member of the chit? please clarify and enlighten me with your valuable advice Sir. Looking forward for valuable advice sir, Thanking you Sir, With regards, -Moinuddin
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