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Services tax return

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 November 2012 SIR/MADAM

I AM A WESTERN UNION MONEY TRANSFER AGENT.MY ANNAULY INCOME IS 2.5 LACS.PLS SUGGEST ME THAT SHOULD I PAY SERVICE TAX
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CA Roshan Jha

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CA Roshan Jha (Expert)
10 November 2012 Service tax applies to an assessee only if the receipts of the assessee exceeds Rs. 10 lakhs in a year. In your case, since it is Rs. 2.5 lakhs only, hence in my opinion, you are not supposed to collect and pay service tax.

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