08 March 2014
A co has taken service tax registration in Feb when taxable turnover was Rs 8 lacs. Now in the month of March the co want to raise a single bill of 6 lacs:
1) Whether tax applicable on 4 lacs or entire 6 lacs
2) If co hold the bill in march and raise it in April what will be the service tax implication. Pls suggest
CAclubindia
