St payable through online limit amended
This query is : Resolved
25 November 2013
Notification No 16 /2013-Service Tax
Provided that where an assessee has paid a total service tax of rupees one lakh or more including the amount paid by utilization of CENVAT credit, in the preceding financial year, he shall deposit the service tax liable to be paid by him electronically, through internet banking.)
Provided that where an assessee has paid a total service tax of rupees one lakh or more including the amount paid by utilization of CENVAT credit, in the preceding financial year, he shall deposit the service tax liable to be paid by him electronically, through internet banking.)
26 November 2013
That is correct - earlier it was Rs.10 Lakhs and it has been amended by this notification with effect from 22nd November 2013.
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