Service tax exemption for small scale service provider
This query is : Resolved
22 August 2013
We are Consignment Agent of a Manufacturing Concern in Bengal. We
receive their Excisable goods through Stock Transfer Invoice and sell
goods at same rates with our own Invoice. We collect and deposit West
Bengal VAT/CST under our own R.C.Nos.
Our Tax Invoice shows Brand Name of the products of our Principal.
Principal pays commission to us on Turn Over. So far, total commission
received by us in a Financial Year has never exceeded Rs.3 Lacs.
Please clarify if we are eligible for claiming Service Tax exemption
allowed to Small Service Providers in view of the fact that we are
using the Brand Name of the goods of our Principal while selling the
goods.
receive their Excisable goods through Stock Transfer Invoice and sell
goods at same rates with our own Invoice. We collect and deposit West
Bengal VAT/CST under our own R.C.Nos.
Our Tax Invoice shows Brand Name of the products of our Principal.
Principal pays commission to us on Turn Over. So far, total commission
received by us in a Financial Year has never exceeded Rs.3 Lacs.
Please clarify if we are eligible for claiming Service Tax exemption
allowed to Small Service Providers in view of the fact that we are
using the Brand Name of the goods of our Principal while selling the
goods.
08 September 2013
Up to 10 Lacs you need not worry and you are not even required to register yourself under Service Tax. The only thing is this that you should not charge any service tax in your bill till you come near to 10 lacs. The moment you are at 9 lacs you should procure registration under service tax.
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
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- RCM INVOICING FROM NOV-2024
- GST input on Mobile Handset
- Material and freight in same invoice
- TDS under section 194J inclusive of reimbursement of expenses
- TDS on Material and Labour in same invoice
- Should I be worried about and rectify reporting Jan,Feb ,March 2024 foreign salary in schedule FA?
- BUYING PROPERTY COULD NOT FILE 26QB
- Gst input for FY 23-24
- 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
Trending Online Classes
CAclubindia
