Business auxilary services - commission received
This query is : Resolved
30 December 2011
Sir,
Our Friend is receiving Rs.1025000/- upto Nov 2011. Now can anybody clarify that the taxable service is the whole amount or the amount exceeding Rs.10 lakhs?
Note : Service Tax Registration done yesterday.
Our Friend is receiving Rs.1025000/- upto Nov 2011. Now can anybody clarify that the taxable service is the whole amount or the amount exceeding Rs.10 lakhs?
Note : Service Tax Registration done yesterday.
30 December 2011
Service tax liability arises only on the amount exceeding Rs. 10 lakhs.
30 December 2011
Sir,
Thank you for your reply. Then What about the serivce tax liability for the next assessment year ? Whether RS.10 lakhs exemption can be availed for next year also ? Please Reply
Thank you for your reply. Then What about the serivce tax liability for the next assessment year ? Whether RS.10 lakhs exemption can be availed for next year also ? Please Reply
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