S.tax

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
21 April 2012 If a service tax provider's turnover during 2009-10 is Rs. 950000/- but he does not intimate the department on the same as required under law nor gets himself registered. In case, a case of evasion is booked against him, whether he would be eligible to avail exemption of Rs. 10,00,000/- or he would be liable to pay duty on the whole turnover.

21 April 2012 Evasion of service tax would lead only to penalties, but it cannot take substantive right of claiming threshlod exemption of Rs. 10 Lac. Upto Rs. 10 Lac you are not requried to pay any service tax.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries