Easy Office
LCI Learning

Charging s.tax on invoice

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
18 December 2012 I am having service tax no. & also provided taxable services during the year. However the quontum on invoice is quite small so raised invoice without charging service tax.Now i feel that in the Jan 2012 it will cross Rs. 10/- Lacs.
1) What should i do for invoices i have already issued without service tax ?

Thanks
Profile Image

CA CS Amit S. Kedia

Profile Image

CA CS Amit S. Kedia (Expert)
18 December 2012 Have you apid service tax in earlier years??
If not, then service tax would be exempted for first 10 lakhs.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
18 December 2012 Dear Amit,
Yes Two year back i charged service tax & deposited the same.
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

CA CS Amit S. Kedia

Profile Image

CA CS Amit S. Kedia (Expert)
20 December 2012 Then, now you will not get any exemption and service tax will have to paid on entire value

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links