TaxTMI 
TaxTMI 
If a private limited company owns a cold storage enguaged in agricultural products.Is service tax applicable or exempted?
service tax on cold storages
18 Mar 2014 
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Service tax exemption for cold storage hinges on whether services preserve agricultural produce or alter it for retail marketability.
Service tax on cold storage services depends on whether the activity preserves or merely readies agricultural produce for the primary market (exempt) or effects processing that makes the produce marketable in the retail market (taxable); the key inquiry is whether the service alters the essential characteristics of the agricultural produce. (AI Summary)
Service tax on cold storage services depends on whether the activity preserves or merely readies agricultural produce for the primary market (exempt) or effects processing that makes the produce marketable in the retail market (taxable); the key inquiry is whether the service alters the essential characteristics of the agricultural produce. (AI Summary)