Applicability of service tax in the subsequent years

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

25 February 2011 My turnover during previous year is around 13lacs service tax for the year was paid but during the current year it is expected around 6lacs which is below the limit for a small service provider, should i i collect and pay service tax during current year? kindly provide me the section for your explanation where it is detailed

Kumar Babu.G

Kumar Babu.G (Expert)
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25 February 2011 For determination small service provider exemption turnover of previous year has to be reckoned .So since in previous year turnover exceeded 10 lacs i.e., precribed limit you have to collect ST this year .Next year if your expectation realizes you can avail that exemption.

Querist : Anonymous

Querist : Anonymous (Querist)

25 February 2011 i came to know that service tax exemption to be claimed if interested only in the year of Registration.
Whether turnover should be checked every time with exemption limit prescribed

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