Service tax

This query is : Resolved 

08 August 2011 Dear Frndz!

please let me know whether there is any exemption limit for levy of service tax? like i heared tht if amount of services provided is less than 4 lacs in a year there is no service tax liability?

08 August 2011 It is 10 lakhs. If the amount of service provided in a year is less than 10 lakhs then there is no need to pay service tax.

However if you have still collected the same from your clients then you are liable to pay the same.

08 August 2011 Trash hold limit is 10 Lacs for Service Tax.


08 August 2011 ac repairing & maintenance charges Rs.2000/- and spare parts also sold for Rs.500/-+VAT 4% for providing such service.
How should i bill the client?? service tax will b charged on which amount?should i prepare two bills for service and spare parts sold? please advise!!!

08 August 2011 service tax only applicable on 2000/- only.

you can mention both in one bill with note.



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