26 May 2016
If my service is fully exempt from service tax. Then while filing St return i have two options: 1. Putting the Gross value of service provided as zero for the all six months so ultimate the tax liability will be zero. 2. Putting the Gross value of service provided as actual amount of service provided. Then putting the notification no. under which my service is fully exempt. Then putting the rate of tax for the service as zero%. then also my tax liability will be zero.
But i want to know which way is right to file the return......
26 May 2016
But Sir..is it right to fill the "Gross amount of service provided" as NIL if in actual "Gross Amount of service provided" is Suppose Rs.100000/- p.m.