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St exemtion limit on firm converted/purchased to/by company

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 November 2013 we a firm lending service under commercial training and coaching and paying Service tax. we created a new company and same partners became directors in pvt. company and services under commercial training and coaching. the question is whether the new pvt. company have to pay Service tax without basic exemption limit or can avail exemption limit.
reply is urgent
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CA. Narottam Kumar Rawat

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CA. Narottam Kumar Rawat (Expert)
12 November 2013 In case pvt. ltd. company is established then basic exemption of 10 lac is available to that company also.
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Querist : Anonymous

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Querist : Anonymous (Querist)
13 November 2013 may i know the sections or rules number
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CA. Narottam Kumar Rawat

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CA. Narottam Kumar Rawat (Expert)
13 November 2013 Refer Notification no. 33/2012-ST

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