my client,a proprietor is in the business of cable service provider. his business was taken over by pvt ltd co (having separate s.t. registration) wef 1/1/09. till today, turnover of pvt co had not exceeded the basic limit. i would like to know is there any clubbing provision and will pvt co be liable to pay service tax or will it be able to cliam basic exemption.
CAclubindia
