19 March 2009
Dear sir, we have an company authorised service station (two wheeler). we have earn from servicing is in between 4 lacs, will we have to pay service tax. Is there is any rule that if we have with a brand name then, we have to pay service tax or there is any relaxation for us.
19 March 2009
No service tax will not be applicable to you at the moment. Service tax will be applicable on you when your service charges will cross 10 lakhs and you will be liable to register when your services charges cross 7.50 lakhs.
19 March 2009
Service providers using brand name/trade name of another person will not get the benefit of threshold limit. Refer page 94 of Taxmann's Service Tax 24th edition.
19 March 2009
To Mr.Sharma The limit for taking service tax registration is Rs.9 lakhs and not Rs 7.50 lakhs. Ref:- Notification 9/2008, 10/2008, and 11/2008 all dt 1/3/2008.
19 March 2009
Plz the reproduce the wordings of taxman which speaks its taxability; otherwise since it is below BEL; service tax will not be applicable.