When Service tax is applicable .

This query is : Resolved 

27 May 2010 Any person is propritor of two firms and ternover of both of them reach up to 10,00,000 or 12,00,000 then service tax is liable for both the firms?

28 May 2010 Yes

It is on the basis of individual that turnover is considered. all Proprietorship firms of an individual shall be considered as one unit

28 May 2010 As per service tax act in parner ship firm one unit turnover cross above 10,00,000/-is liable to take registration.


28 May 2010 Yes you are liable to pay service tax on both of your firms, take immediate registration, pay tax and file return



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries