Exemption Limit

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 July 2011 Hello,
My query is that the exemption limit of 10 lac is for a single year or stands for each subsequent year.If suppose my sale is 8,50,000/- in this year and in next year it is 8,75,000/-. will I be able to avail the exemption from service tax in both the years

05 July 2011 It is only for single year, pay full tax in subsequent years

05 July 2011 Exemption is available for both the years for the given situation.




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