Service tax applicability

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 December 2012 Sir

In the case of a new partnership firm rendering IT relatd services what is the procedure for registration for service tax.The firm's billing will not cross the limit of Rs.10 lacs for the current financial year and has just started rendering services for which bill to be raised.

Kindly advise

CA CS Amit S. Kedia

CA CS Amit S. Kedia (Expert)
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18 December 2012 Then it is not required to get registration if turnover of taxable services does not exceed Rs. 9 lakhs in the year

CA Hiren Thakkar

CA Hiren Thakkar (Expert)
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18 December 2012 However, you can always register voluntary, eventhough the turnover has not crossed the limit of Rs 9 lacs.

But, then you will be required to file 6 monthly returns.

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