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exemption of service tax

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(Querist)
22 April 2009 Dear Sir,

can pvt.ltd. company get exemption limit of service tax every year?
pl. reply

thanks
jayesh
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CA CS CIMA Prakash Somani

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CA CS CIMA Prakash Somani (Expert)
22 April 2009 Yes ,It will avail
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CA. Mahesh Agarwal

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CA. Mahesh Agarwal (Expert)
22 April 2009 yet it can avail upto Rs. 10 lacs (value of taxable services)
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Manmohan ACA, CS

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Manmohan ACA, CS (Expert)
22 April 2009 The exemption limit of Rs. 10 lakhs is for every service provider
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CMA KNVV Sri Vidya - Sri Kanth

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CMA KNVV Sri Vidya - Sri Kanth (Expert)
22 April 2009 Yes Exemption lomit - 10 lacs
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CMA KNVV Sri Vidya - Sri Kanth

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CMA KNVV Sri Vidya - Sri Kanth (Expert)
22 April 2009 Yes Exemption lomit - 10 lacs
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Shyam Lal Naik

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Shyam Lal Naik (Expert)
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.

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