17 May 2011
Can assessee avail the benefit of Exemption limit of Rs. 10L every year??
Or once he crosses the exemption limit of Rs. 10L, he is required to pay service tax every year even though in the next year his taxable services are within 10L limit??
19 May 2011
Once you crosses the limit of 10 Lacs,then it is required to pay service tax every year even though in the next year your taxable services are within 10L limit.
i.e you can not avail the exemption limit every year.
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