exemption of service tax

This query is : Resolved

Jiwan singh (Querist)
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24 December 2008
please guide me

my service tax receipts was in 2007-08 rs. 5 lacs & in 2008-09 was rs 8 lacs

can i get exemption for 2007-08 & 2008-09

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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24 December 2008 Exemption is based on gross value of services rendered and not on the amount received.
Exemption limit for 2007-08 is Rs.8 lakhs and for 2008-09 it is Rs.10 lakhs.

Jiwan singh

Jiwan singh (Querist)
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25 December 2008 please guide me

my gross value of service tax was in 2007-08 rs. 10 lacs & in 2008-09 was rs 15 lacs

can i get exemption for 2007-08 & 2008-09

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Jiwan singh

Jiwan singh (Querist)
Follow

25 December 2008 please guide me

my gross value of service tax was in 2007-08 rs. 10 lacs & in 2008-09 was rs 15 lacs

can i get exemption for 2007-08 & 2008-09

Please explain

in 2007-08 ,st to be paid on (10 - 8) 2 lACS
IN 2008-09 , ST TO BE PAID ON (15 - 10) 5 LACS OR ST TO BE PAID ON WHOLE 15 LACS ?