01 December 2008
Hello Friends pls let me know whether one can apply for Registration for Service Tax even if its taxable turnover is not cross limit of Rs. 9 lakhs. And once it is apply then it is necessary to collect service tax from his client from date of registration...
01 December 2008
If the taxable turnover is less than Rs.9lacs registration is not compulsory. But at the option of the assessee he may take registration. It is not necessary to collect service tax if the taxable service provided is below Rs.10lacs.
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