Service tax appicability
This query is : Resolved
14 March 2012
we are registered in service tax but the Turn over is Less than Rs.9lakhs but bill includes service tax. whether the service tax is payable by me pls clarify
14 March 2012
1. you are a registered service provider
2. Check whether the aggregate service provided in the previous year is more than 10 lakhs,
3. if point no. 2 is not satisfied than service tax is exempt upto the total receipt of rs. 1000000.
In the given case you have given the turnover of current year please check whether the turnover in previous year is more than 10 lakhs.
2. Check whether the aggregate service provided in the previous year is more than 10 lakhs,
3. if point no. 2 is not satisfied than service tax is exempt upto the total receipt of rs. 1000000.
In the given case you have given the turnover of current year please check whether the turnover in previous year is more than 10 lakhs.
Message likes :
1 times
15 March 2012
if the turnover is not exceeding 10 lakhs i dont want to pay service tax right..so can i get exempt for paying service tax pls confirm
thank u
thank u
16 March 2012
yes,
If turnover is not exceeding 10 lakhs then there is no need to pay service tax
If turnover is not exceeding 10 lakhs then there is no need to pay service tax
17 March 2012
my turnover is less than 10 lakhs however i have collected service tax @ 10.3% on invoice and so far not remitted. in some cases invoice amount not at all realistic kindly confirm for unrealistic amount whether service tax is payable for unrealistic amount
thank u
thank u
18 March 2012
Dear Gopalan,
In case where you are not liable to collect service tax and you have collected it then you are liable to deposit it to the govt within the due date. Failing of which attracts interest. It doesn't matter whether realistic or not in your case.
The service tax is to be paid with interest.
In case where you are not liable to collect service tax and you have collected it then you are liable to deposit it to the govt within the due date. Failing of which attracts interest. It doesn't matter whether realistic or not in your case.
The service tax is to be paid with interest.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- Import license renewal
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
