Computation of service tax
This query is : Open
26 February 2013
Hello Friends,
As we know if any one started service firm they will be not be liable to pay service tax up to certain limits. (Current limit is 10 lac).
above limit we cant considered exempt services and other notify service by Govt. of India.
But how we calculate the above limit in case of below services:
1. Abatement service e.g. tour operator etc
2. Air ticket agent services?
please explain effect of finance act 2012 and Notification 25/2012.
Regards
CA. Anoop Gadia
As we know if any one started service firm they will be not be liable to pay service tax up to certain limits. (Current limit is 10 lac).
above limit we cant considered exempt services and other notify service by Govt. of India.
But how we calculate the above limit in case of below services:
1. Abatement service e.g. tour operator etc
2. Air ticket agent services?
please explain effect of finance act 2012 and Notification 25/2012.
Regards
CA. Anoop Gadia
26 February 2013
Hi
Service tax paid on RCM is not to be considered for 10 Lacs limit.
Thanks!!
Service tax paid on RCM is not to be considered for 10 Lacs limit.
Thanks!!
26 February 2013
Please give example for above calculations
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