Regarding taking exemption of rs. 10 lacs in first return

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

05 August 2013 Dear Sir/Madam,
While filing return for a person who is newly registered for service tax whether he should take exemption of Rs. 10 lacs in return or not? If yes under which section he should take that exemption?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

05 August 2013 Incase you are covered under Basic exemption of Rs.10 lakh then you can claim the exemption

notification:Notification No. 33/2012 - Service Tax

Message likes : 1 times