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Applicability of service tax

This query is : Resolved 

07 November 2011 If a commission agent is earning more than Rs. 10 Lakhs in the Assessment year 2011-12, then does he need to pay service tax ?
If yes then at what rate and under which section ?

07 November 2011 Yes hee needs to pay service tax under Business Auxillary Service and rate of service tax is 10.3%

07 November 2011 if his last year(2009-2010) turnover is Rs. 12 lakhs and he hasent paid service tax for last year as well as current year, what is his liability ?


07 November 2011 pls revert

07 November 2011 2009-10 liability arises for Rs.2 lakhs only. 2011-12 liability arises from Re. 1 onwards provided in 2010-11 gross receipts exceed Rs.10 lakhs.

07 November 2011 isnt the limit of 10 lakhs over with in the last year n he has to pay on the entire amount in the current year

07 November 2011 B. charapani sir is right.....



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