First exemption under n.n. 06/2005-st
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 July 2012
An Assessee(Individual) start a taxable service and take Service Tax registration within 30 days from the date of incorporation of his business.His 1st bill was of Rs.12 lacs and total turnover for 1st month was Rs.16 lacs. When he want to file his 1st helf yearly return of Service Tax, is he eligible to take benifit of exemption notification no. 06/2005-ST (Rs.10,00,000).
19 July 2012
Yes, eligible for exemption.
19 July 2012
Yes ofcourse he is Eligible for Exemption.
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