Service tax liabilty

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

26 June 2011 Pl. Help me to solve the undermentioned problem
One My Client(status individual) whose taxable turnover during the year 2005-06 was Rs.20,00,000 from T V and Radio Pro gramme Production. He received Rs. 5,00,000/- on June 2005 and balance on 31.03.2006.The previous year 2004-05 his turnover was Nil. My question is whether he was liable to pay service tax or yes then How much.

Shyam Lal Naik

Shyam Lal Naik (Expert)
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26 June 2011 I am limiting the scope of the answer to quantification.

From the facts, your client is liable to Service Tax. The SSI exemption at the relevant point of time was Rs. 4 lakh. Hence the taxable value shall be Rs. 16 lakh.