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Querist : Anonymous

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Querist : Anonymous (Querist)
21 September 2015 Rent from newly completed building let out for commercial Purpose in the current year is crossing 10, 00,000. Please clarify whether Service Tax Registration is to be done and pay for service tax in excess of the threshold during the current year or Register in the next financial year.

22 September 2015 You are liable to pay service tax on after threshold during the current year and you need to pay service tax on whole amount of next year receipt.



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