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Service tax exemption

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24 December 2008 Please guide me

For example :-

For the f.y 2007-08 service tax exemption was 8 lacs my service tax receipts was 7 lacs in 2007-08 & I have not pay any service tax in that financial year But in f.y 2008-09 service tax exemption limit is 10 lacs . would I pay service tax in 2008-09 (my service tax receipts was on 31.06.08 was 4 lacs) or in the f.y 2008-09 can I get a benefit of exemption limit 10 lacs.( in the fy 2008-09 service tax receipts would be exempt upto 10 lacs or if my service tax receipts will 9 lacs in 2008-09 , would this service tax receipts 9 lacs exempted)

Can i get exemption for every Year ?

24 December 2008 Your service tax exemption limit for f.y 2008-09 is Rs 10 lakhs.

24 December 2008


24 December 2008 YES YOU ARE RIGHT.
EXEMPTION AVAILABLE FOR 2008 - 09



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