Service tax rate & threshold limit

This query is : Resolved 

31 December 2013 Please let me know that whether service tax is applicable on supplying/providing generator sets on rent. if yes at what rate ?

Further please put light on current threshold limit of service tax beyond which service provider is bound to apply S.T on Bills.

31 December 2013 yes, your service is come under service tax

current threshold limit is 10 lakhs, if this is your current year then you have pay tax and charged service tax on bill after crossing threshold limit, but if it your subsequent year then you have must be charged service tax on bill for 1 rs.

01 January 2014 in addition Dheeraj Bhai's advice, you shall be required to register for service tax when the billing hits Rs 9 lakhs.




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