15 October 2013
I am a registered service tax assessee but not charging service tax, due to small service provider exemption. This year in October my billing has crossed 10 lakhs but receipts are still below 10 lakhs. So, when should I start charging service tax(On bill above 10 lakhs or on receipt above 10 lakhs)?
15 October 2013
It is not receipt basis. It is invoice basis. So, you are supposed to register yourself once you cross 9 lacs and inform the department.
Better to register and start collecting service tax in your bills.
CAclubindia
