Service Tax

This query is : Open

Ashish Jain (Querist)
Follow

01 June 2016 Expert's, One of my clients is involved in Sale of Goods as well as he provides services.He has TIN number but not Service Tax number.His transactions in Service Tax is below 10L per annum.Now the issue is that one of his customers is asking him for service tax bill with service tax amount in it.Can I issue him a service tax invoice & I would also like to know that do I require to get a Service Tax number in this case.

Vishakha Kejriwal.

Vishakha Kejriwal. (Expert)
Follow

01 June 2016 You need to take a service tax registration if you require to issue a service tax bill.

Rupesh Jain

Rupesh Jain (Expert)
Follow

01 June 2016 if below 10 lacs then not required service tax registration.

Upgrade to CAclubindia Pro. Subscribe Now!

Vishakha Kejriwal.

Vishakha Kejriwal. (Expert)
Follow

01 June 2016 It is true that no service tax registration is required for taxable value of services below 10 lacs. However in case you require to charge service tax on the bills if your clients so insist and other commercial considerations, it is permissible only after taking registration and thereby collecting and depositing service tax against the STC no. so received.

Ashish Jain

Ashish Jain (Querist)
Follow

02 June 2016 Yes Vishakha One of their customers is demanding a Service Tax invoice.