Liabilitie of service tax
This query is : Resolved
02 April 2015
suppose ...
my previous year turnover is 900000...so I made ST - REGISTRATION. ...but current year turnover also less than 1000000 ...that's why I am not charged service tax on customers .....
so ..now should I pay services tax to govt ....
02 April 2015
After crossing of turnover for Rs.10 lacs in a FY,you are required to charge service tax and pay to govt.
But under your circumstances,you are not required to chagered & Pay ST.
Year Turnover
1 500000 no registration & No ST
2 900000 Compulsory Registration but no ST
3 980000 No ST
4 1050000 ST on Rs. 50000
5 25000 ST on 25000 as Turnover in last FY > 10 lacs
6 800000 No ST as in last FY,Turnover was Rs. 25000
7 1100000 ST on Rs 1 lacs
But under your circumstances,you are not required to chagered & Pay ST.
Year Turnover
1 500000 no registration & No ST
2 900000 Compulsory Registration but no ST
3 980000 No ST
4 1050000 ST on Rs. 50000
5 25000 ST on 25000 as Turnover in last FY > 10 lacs
6 800000 No ST as in last FY,Turnover was Rs. 25000
7 1100000 ST on Rs 1 lacs
02 April 2015
http://www.simpletaxindia.net/2012/09/service-tax-exemption-limit-who-can.html?m=1
You can also check out above link for details.
You can also check out above link for details.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Regis.
- Inventory of finished goods
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Disallowance of Section 43B(h) to sez units
- Applicability of Ind As to associate of associate
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Bogus purchase treatment for it act gst dealer
- Gst input for FY 23-24
- Company registration : Rental agreement or NOC?
- Company Incorporation - CA and directors signing from different states
- Filing of Form 10BB instead of Filing Form 10B
- HSN Details in IFF/GSTR-1 & in GSTR 9
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
