10 January 2013
what is the exemption limit for ssp in fy 2010-2011. as one of my friend has not filled st return for fy 10-11 and has received notice.....please guide and provide the guidelines apllicable
12 January 2013
ok that means if the receipts(inclusive of ST)in fy 2010-2011 are less than 10 lacs or 10 lacs than v have to file NIL RETURN and pay the penalty applicable. and if the receipts(Inclusive of ST) are more than 10 Lacs than have to pay ST on amt Exceeding 10 lacs plus Intt plus penalty..