service tax exemption - urgent

This query is : Resolved 

08 January 2010 sir, i want to ask that.
if a company has paid service tax in last year arond Rs. 50 lakhs or more.
can it claim Rs. 10 lakhs exemption while paying service tax this year?

08 January 2010 No. For further details refer notification 8/2008-ST dated 01/03/2008 in www.servicetax.gov.in



09 January 2010 agree



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