Poonawalla fincorp
Poonawalla fincorp

service tax exemption.

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 March 2010 Dear Sir,


One of labour contractor in a company raise bills in two names, but have single pan no.aggregate bill exceeding Rs 10 lakh in financial year 2008-09,but individualy bill raised less than 10 lakh.Is exemption granted to the said contrator .Please provide us the answer immediately as such person has to file his return of income

20 March 2010 Yes, service tax is liable to pay. Service tax is chargable on if aggregate of income from all the services is more than 10 lakhs



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