Service tax on bank audits
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 April 2011
Sir
Currently i'am not an assessee under service tax, since this will be my first bill.I've carried out bank audits during this year i.e, for the year ended 31st March'2011.The total value of services is around Rs.1.5 lacs.Do i have to charge service tax on the bill. Also please clarify on the procedure for registration including the rates for the current year.
Kindly clarify.
Currently i'am not an assessee under service tax, since this will be my first bill.I've carried out bank audits during this year i.e, for the year ended 31st March'2011.The total value of services is around Rs.1.5 lacs.Do i have to charge service tax on the bill. Also please clarify on the procedure for registration including the rates for the current year.
Kindly clarify.
14 April 2011
No need to charge service tax.For next financial year also you are eligible for small service provider exemption.But get registered as service provider since you are rendering a taxable service.
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 April 2011
Thanks for the inputs.regards
Thanks for the inputs.regards
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?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Tds on building rent monthly
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- Confusion around Form 26QB fields
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
