28 November 2011
While filing service tax return in form ST-3, we are supposed to mention notification no. against which exemption is claimed. Notification no. for Basic threshold limit of Rs. 10 lacs is 08/2008 but it is no where found in the list of notification provided however original notification no. 06/2005 which provided exemption of Rs. 4 Lacs is mentioned. Are we supposed to select notification 06/2005 or what is supposed to do? Please help....
02 December 2011
NN 08/2008 does not provide exemption in itself. It simply amended NN 06/2005. Thus you are availing exemption under NN 06/2005 last amended by NN 08/2008. Therefore u sud select NN 06/2005.
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