Ministry of Finance had released a new circular on Jan 10, 2014 which was about the applicability of Service tax for resident welfare association (RWA). Following are some points which can help you in re-considering your current practice.
|Notification No:||Service Tax Circular No.175/01/2014–ST|
|File No:||F. No.354/237/2013-TRU|
|Issuing Authority:||Service Tax|
|Subject:||Levy of service tax on services provided by a Resident Welfare Association (RWA) to its own members|