mobile recharge cupen

[Asked by Guest]

mobile recharge cupen aplicable vat/ sales tax and service tax . pls sujest how to prepair account.

[rishi mohan]

mobile recharge coupons shall be applicable to service tax only not to the sales tax. Recharge coupon is a type of a service which shall fall under the category of service.

AI Summary

Service tax applicability for mobile recharge coupons confirmed; sales tax and VAT do not apply, classified as service.
Mobile recharge coupons are taxable as a service and fall within the service tax net, not subject to sales tax or VAT. The classification treats recharge coupons as a service supply rather than a sale of goods, and receipts from coupon transactions should be accounted for as service revenue subject to service tax compliance.