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Service tax payable even if turnover is below 10 lac

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(Querist)
27 December 2013 Dear All,

Assume Turnover of company is as follows :

2010 : 11 lac
2011 : 07 lac
2012 : 05 lac

So we have taken service tax number in 2010 and paid service tax but whether i ahve to charge service tax in 2012 even if my turnover is below the exemption limit of Rs. 10 lac.

Please provide me section.
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Annu Agarwal

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Annu Agarwal (Expert)
28 December 2013 Sir,you need to pay the service tax for the year 2012.Please refer to notification 33/2012.
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Nischit Sanghavi

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Nischit Sanghavi (Expert)
28 December 2013 Yes, you are liable to pay Service Tax. Once you achieved the limit of 10lacs, you are liable to collect and pay service tax.
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