Service Tax applicability - Membership Fees, exhibition fees and advertising

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1. Whether an assocaition of specific industry is liable to Service tax on Membership fee collected from its members? 2. Whether an assocaition of specific industry is liable to Service tan on exhibition of its products and services? 3. Whether an assocaition of specific industry is liable in respect of advertisement of products and services advertised in the monthly journal issued by the association? The above assocition is not a club and it is a association of a particular Industry.

AI Summary

Service Tax Applies to Membership Fees and Exhibiting Fees; Ad Charges in Journal Under Review for Tax Applicability. An industry-specific association is subject to service tax on membership fees collected from its members and fees for exhibiting its products and services. However, the applicability of service tax on charges for advertisements in the association's monthly journal requires further examination of the journal's purpose and status.