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Service tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 December 2016 Hi,

I have raised bill amounting to Rs. 15 Lakhs during the year. Service tax will be how much? Shall I get 10 lakhs as exemption ?
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Gokul Sharma

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Gokul Sharma (Expert)
30 December 2016 you have to take service tax registration if your turnover exceeds 9 lakh . you will get exemption limit 10 lakh . after 10 lakh service tax applicable.next year you not get any exemption.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
30 December 2016 You can get 10 lacs exemption provided this is the first year your service provided exceeding 10 lacs.
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
30 December 2016 First time you can claim 10 lakh exemption.

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