Service tax on turn over below 10 lacs
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 January 2014
Dear Sir
I had taken Service Tax Registration under " Manpower Recruitment Agency" in Dec 2013 now i have to do billing to customer & this is my first billing to customer so please advice me i have to charge service tax or not my turn over will go before march above 10 lacs
so please kindly advice on the same.
regards
Mohan Gaikwad
I had taken Service Tax Registration under " Manpower Recruitment Agency" in Dec 2013 now i have to do billing to customer & this is my first billing to customer so please advice me i have to charge service tax or not my turn over will go before march above 10 lacs
so please kindly advice on the same.
regards
Mohan Gaikwad
03 January 2014
you can continue to claim exemption till the Rs 10 lakhs turnover is reached. However, the service receiver will have to pay his share of service tax under RCM.
03 January 2014
start charging service tax only from that invoice which makes your turnover cross 10 lacs.
other invoices before that are not liable to be charged for service tax.
but in my personal view for better business, charge service tax from 1st invoice itself to avoid inconvenience to customer but its upto you. rule is as mentioned above.
other invoices before that are not liable to be charged for service tax.
but in my personal view for better business, charge service tax from 1st invoice itself to avoid inconvenience to customer but its upto you. rule is as mentioned above.
04 January 2014
agreed with Vikas's view.
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?
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- 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
