A company not registered under income tax department but they are raising invoices with service tax and service tax also not paid (bcoz their total turnover not exceeding Rs. 10 Lakhs). this is correct or not.
02 May 2012
If an assessee fulfill requirement of NN 06/2005, then he is not required to pay service tax upto value of service of Rs. 10 lac. However if he is collecting service tax even if value not exceeding rs. 10 lac then he has to deposit service tax as per provision of section 73A.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
03 May 2012
Deposit means which mode? can u explain briefly, please.