exemption of service tax
This query is : Resolved
22 April 2009
Dear Sir,
can pvt.ltd. company get exemption limit of service tax every year?
pl. reply
thanks
jayesh
can pvt.ltd. company get exemption limit of service tax every year?
pl. reply
thanks
jayesh
22 April 2009
Yes ,It will avail
22 April 2009
yet it can avail upto Rs. 10 lacs (value of taxable services)
22 April 2009
The exemption limit of Rs. 10 lakhs is for every service provider
22 April 2009
Yes Exemption lomit - 10 lacs
22 April 2009
Yes Exemption lomit - 10 lacs
23 April 2009
If the gross value of taxable receipt does not exceed 10 Lakh, exemption is available every year.
How ever, if the receipt exceed Rs. 10 L in any year, the exemption is not available in the immidiately suceeding year.
How ever, if the receipt exceed Rs. 10 L in any year, the exemption is not available in the immidiately suceeding year.
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