Serive tax return
This query is : Resolved
28 April 2008
Service tax provider shouldnot collect and pay service tax if his gross billing is less than 8 Lacs for the year.Now Till February our billing is less than 8 Lacs and in march Bill from a special client was rs. 2 Lacs. Now we have to pay tax on different or whole billing?
Please guide...
Please guide...
28 April 2008
if it is your first year for service tax then you will pay after deducting 8 lakhs and pay on balance amount & your collection is inclusive of service tax
if you collect service tax from your client then you will liable from rs.one collection as gross amount & you will liable to service tax from rs. one in the next year if your collection is greater than rs 10 lakhs
if you collect service tax from your client then you will liable from rs.one collection as gross amount & you will liable to service tax from rs. one in the next year if your collection is greater than rs 10 lakhs
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
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Tds on building rent monthly
- RCM INVOICING FROM NOV-2024
- GST Regis.
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- COP Surrender 2024
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- 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 ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
