Filing of service tax return.

This query is : Open

Asad Quadri (Querist)
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26 May 2015 I have taken registration for service tax. My turnover is 7,56,480/- for engineering service for Oct- march-2015. Whether I have to file NiL return or I have to show my turnover/ Gross Received of Rs. 7,56,480 and get exemption for the same.

CA Suhas Prabhu

CA Suhas Prabhu (Expert)
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26 May 2015 If you have collected the service tax from the customers or if you have crossed the limit of 10 lakhs in the whole year then you have to pay the service tax and you can not claim the exemption. If you are liable to pay the service tax and you have not collected the same then you have to pay the service tax from the amount received.

You can file the Nil return only when your taxable services are Nil and your taxable service was more than Rs 10.00 lakhs in the previous year.