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Exemption limit applicable to proprietor

This query is : Resolved 

17 September 2014 If an Individual has one proprietary business registered with service tax and now wants to start a new business under different proprietory firm name
(1) whether he has to take separate registration under service tax for another proprietary business
(2) whether basic exemption limit of 10 lacs to compute for two proprietary business separately, if he is paying ST for first business and wants to get exmeption of 10 Lacs for another business, is it possible?

17 September 2014 no. the exemption shall be available overall for all the services offered....

18 September 2014 agreed with above reply




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