ONE OF MY FRIEND HAS TAKEN THE SERVICE TAX REGISTRATION ON 5.5.2012 AND SINCE THEN HIS TOTAL RECEIPTS ARE 425000/- AND HE HAS NOT CHARGED ANY SERVICE TAX FROM HIS CLIENTS, SO I NEED TO ASK THAT IS IT MANDATORY FOR HIM TO FILE THE SERVICE TAX RETURN FOR 1ST QTR 2012-13?
08 November 2012
ST Return Depend on Only Registration Only. If You Have ST No, Then You Have to File ST Return Compulsory. Apart From This, If Your Receipts Exceed 10 Lacs This Year, The You Have to Pay Service Tax Exceeding 10 Lacs Amount, and from Next Year From a Single rupee ST Need to be Charged.
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