22 January 2011
A service tax provider providing taxable service in his individual capacity. The threshold limit is Rs 10 LACS. He has obtained Registration after crossing limit of Rs 9 LACS. In the subsequent month his payment is crossing Rs 10 lacs by a marginal amount of Rs 10,000/- what will be taxable amount for this month payment . Is it on Rs 10,000/- or on total amount of this month payment or on the whole amount including exemption of Rs 10 lacs. The service provider has provided service in the current Financial year.
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