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THE ROTAWEEK A compendium of Rotary news No. 1077 Sun 07-Apr-2013 ROTARY CLUBS TO PAY SERVICE TAX _______________________________________ 25 March 2013 Dear Sir / Madam, Sub: Applicability of service tax on Rotary International South Asia Office (‘RISAO’), with effect from 1 July 2012. Under the Negative List base service tax effective 01 July 2012 regime, the activities of RISAO have been brought within the service tax ambit. Thus RISAO is liable to pay service tax currently @ 12.36% i.e.12% service tax plus 3% cess (2% Education cess and 1% Higher Education cess ) on the various considerations received and collected from the Rotary clubs, with effect from 1 July 2012. This view has been formed by RISAO based on opinion from consultants and discussions with the Central Board of Excise & Customs, Ministry of Finance. Hence, we would like to mention that RISAO will be collecting service tax on the following types of revenues collected and considerations received from Rotary clubs: · Semi-Annual membership dues ( per capita, pro-rata & COL) excluding ‘TR’ magazine; · Reinstatement fee of terminated Rotary clubs; · Recharter fee of terminated Rotary clubs; · Charter fee from new Rotary clubs; · Charter fee for new Rotaract clubs sponsored by the Rotary clubs; · Election Complaint Bond; · Registration fee for convention; · Registration fee for booth-booking; · Other services as may be applicable under service tax ambit from time to time. Rotary clubs are therefore informed that service tax is payable by them effective 01 July 2012 and will accordingly be receiving supplementary invoices or recovery notes pertaining to the service tax payable on various applicable components mentioned above for the period July 2012 and Jan 2013. In future, you are requested to add the service tax @ 12.36% (current prevailing rate) along with all of your payments as mentioned above to Rotary International South Asia Office. This tax will be included on future SAR invoices that Rotary sends to your club. Thank you for your continuing service to Rotary, if you have questions about the service tax, please contact me for more information. Prasanta Kumar Sahu prasanta.sahu@rotary.org ANNUAL ROTARY DAY AT THE WHITE HOUSE _______________________________________ CHAMPIONS OF CHANGE AWARDS A Marion Rotarian of East Cedar Rapids Rotary Club will be honored at the White House as a 2013 Rotary Champion of Change. Barnes is being honored for his work with the "Shoes for Kids" program. Barnes leads a project that has provided new shoes to more than 3,500 children from low income families across Iowa, according to a statement about the program. Barnes is one of 12 Rotary club members from across the United States that will be honored at the White House as Champions of Change for their volunteer work to improve the lives of others. This is the second annual Rotary Day at the White House. "It is a great honor to see these dedicated Rotary members recognized by the U.S. White House as Champions of Change for their work to improve the lives of people around the world," said Rotary International President Sakuji Tanaka, of Japan, who will participate in the day's events with Rotary Foundation Trustee Mike McGovern and Rotary International General Secretary and CEO John Hewko. "Their commitment to humanitarian service reflects that of our worldwide membership of 1.2 million men and women, all of whom deserve to share in this recognition." The Other 2013 Rotary Champions of Change are: * Bob Dietrick, Brentwood, Tenn. A member of the Franklin Breakfast Rotary Club, Dietrick is the driving force behind Operation Starfish, a club project that provides clean water and sanitation to low income residents. * John Germ, Soddy-Daisy, Tenn. A member of the Rotary Club of Chattanooga, Germ is a leader in fund development for Rotary's polio eradication program, recently coordinating an effort that raised more than $228 million. * Peggy Halderman, Lakewood, Colo. A member of the Rotary Club of Golden, Halderman five years ago launched Golden Backpack, a program that provides nourishing food every weekend to more than 520 underprivileged schoolchildren. * Nancy Sanford Hughes, Eugene, Ore. A member of the Eugene Southtowne Rotary Club. Hughes helped establish Stove Team International, a program that manufactures and distributes small, portable, and safe stoves to needy families in Central America. The program is now supported by Rotary clubs throughout the United States, Mexico, and Central America. * Walter Hughes Jr., Union Hall, Va. A member of the Rotary Club of Rocky Mount, Hughes leads a multi-national Rotary partnership that is helping to eradicate Guinea worm disease in Ghana and South Sudan through the implementation of clean water projects. * Ann Lee Hussey, South Berwick, Maine. A member of the Portland Sunrise Rotary Club, Hussey has made the eradication of polio and the alleviation of suffering by polio victims her life's work. A polio survivor herself, she has led numerous Rotary volunteer teams to Nigeria, India, and other polio-affected countries to immunize children and provide assistance to people disabled by polio. * Douglas McNeil, Monte Sereno, Calif. A member of the Los Gatos Morning Rotary Club, McNeil leads area Rotary members to establish Lighting for Literacy, a program which provides low-cost solar lighting systems for communities without electricity, promoting more at-home reading, a key tool in increasing literacy rates. * Harriett Schloer, Bend, Ore. A member of the Bend High Desert Rotary Club, Schloer in 1999 enlisted Rotary support to launch the Shots for Tots program which provides free routine immunizations to any area schoolchildren, insured or not, through age 18. Deschutes County now has one of the highest immunization rates in the state. * Neli Vazquez-Rowland, Chicago, Ill. A member of the Rotary Club of Chicago, Vazquez-Rowland and her husband in 1994 established Safe Haven, a comprehensive program that assists thousands of people dealing with homelessness, hunger, addiction, chronic unemployment and other issues. Source : Marion Patch Courtesy : www.eflashonline.org 03 Apr 2013 PEACE THROUGH SERVICE _______________________________________ WATCH A VIDEO OF SANSKRIT SLOKAS played by Brazilian artists: http://www.youtube.com/embed/XMkaBN3x5AM Regards _______________________________________ Dr Dipak R Sarbadhikari, Past President RC Calcutta, RID 3291, Kolkata, India www.rotacal.org To SUBSCRIBE / UNSUBSCRIBE: Send a mail to deares@gmail.com with "Subscribe Rotaweek" Or "Unsubscribe Rotaweek" as the Subject |
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send mailURL: www.rotacal.org/rotaweek Updated: 07 Apr 2013 |
