Service Tax No.
This query is : Resolved
13 June 2010
Is it mandatory to apply for Service Tax Reg. No. for a Restaurant if its turnover exceeds Rs. 1000000?
14 June 2010
Consequent upon increase in threshold limit of exemption from Rs.8 lakh to Rs.10
lakh, notification No.26/2005-Service Tax dated 07.06.05 and notification No.27/2005-
Service Tax dated 07.06.05 have been amended to raise the limit for obtaining service tax
registration from Rs.7 lakh to Rs.9 lakh.
so after 9 laks service tax registration required.
lakh, notification No.26/2005-Service Tax dated 07.06.05 and notification No.27/2005-
Service Tax dated 07.06.05 have been amended to raise the limit for obtaining service tax
registration from Rs.7 lakh to Rs.9 lakh.
so after 9 laks service tax registration required.
Guest
Guest
(Expert)
14 June 2010
The relevant aspect to be examined as to whether Restaurant is providing any taxable service and if so what is the turnover from such taxable service. Serving food and beverage in Restaurant, per se, is not a taxable service, but covered under VAT.
For example, a Restaurant may be providing outside catering service, in that case if taxable turnover from outside catering service exceeds Rs 9 lakh, Restaurent has to obtain service tax registration and if taxable turnover exeeds Rs 10 lakhs, it has to pay service tax.
Furthermore, if the Restaurent is importing any taxable service or receiving any taxable service wherein recepient is tax payer, it has to obtain registration.
For example, a Restaurant may be providing outside catering service, in that case if taxable turnover from outside catering service exceeds Rs 9 lakh, Restaurent has to obtain service tax registration and if taxable turnover exeeds Rs 10 lakhs, it has to pay service tax.
Furthermore, if the Restaurent is importing any taxable service or receiving any taxable service wherein recepient is tax payer, it has to obtain registration.
14 June 2010
Agreed with DInesh JI.
14 June 2010
DEAR SIR,
REGISTRATION NO. FOR RS.9 LAKH TO BEYOND
SO AFTER 9 LAKS SERVICE TAX REGISTRATION NUMBER IS REQUIRED.
FORM ST-1 IS REQUIRED FOR REGISTRATION NO. AND YOU CAN ALSO DOWNLOAD WHENEVER U ASK IN THIS PORTAL.
REGARDS,
REGISTRATION NO. FOR RS.9 LAKH TO BEYOND
SO AFTER 9 LAKS SERVICE TAX REGISTRATION NUMBER IS REQUIRED.
FORM ST-1 IS REQUIRED FOR REGISTRATION NO. AND YOU CAN ALSO DOWNLOAD WHENEVER U ASK IN THIS PORTAL.
REGARDS,
14 June 2010
Any provider of taxable service whose aggregate value of taxable service in a financial year exceeds [nine lakh rupees]2 shall make an application to the jurisdictional Superintendent of Central Excise in such form as may be specified, by notification, by the Board, for registration within a period of thirty days of exceeding the aggregate value of taxable service of [nine lakh rupees]2
19 June 2010
Agreed with DInesh JI.
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