15 June 2015
sir may clients has been filed regularly service tax returns but in thise year his value of taxable service is Rs 800000 whether he can withdraw the regestration from service tax or he is liable to pay service tax in this year ? also calculate above bill service tax???
15 June 2015
Yes he is liable to collect and pay Service Tax and also file Service Tax return. Exemption limit of Rs 10 lacs is available only for 1st time.
CAclubindia
