27 February 2015
Dear expert. i was not collecting Service tax due to having turnover below the exemption limit. but in FY 2014-15 in February my turnover is exceed the exemption limit. should i collect service tax now. or it will be applicable from next FY.
as i have above mentioned my turn over has been exceed the exemption limit in February but can i avail ST input on bill paid from the beginning of this FY 1/4/2014.