St - mandap keeper

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

11 March 2016 Receipts from Mandap hiring for the financial year 2013-14 worksout to Rs.17.65 lakhs. How much will be the ST liability and interest. Mandap is yet to register - Service Tax. Kindly let me know the total ST , penalty and interest due

Nilesh

Nilesh (Expert)
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11 March 2016 Assuming the turnover for FY 12-13 is below 10 lacs , 10 lacs in 2013-14 would be exempt and 7.65 would be liable for Tax and interest

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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11 March 2016 Mandap Keeper Services is Taxable serivces Applicable Taxes for 2013-14 is 12.36% Tax liability Rs.94554/- considering Treshold Rs.10 Lakhs Balance Rs.7.65 lakhs for tax liability.

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Querist : Anonymous

Querist : Anonymous (Querist)

12 March 2016 What will be the ST liability for Mandap hiring charges:
Financial year 2012-13 Rs.18.25 lakhs
2013-14 Rs.17.65 lakhs
2014-15 Rs. 19.50 lakhs
2011-12 Rs. 16.25 lakhs

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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12 March 2016 From 2011-12 tax liability arise since crossed threshold limit of Rs.10 Lake

Nilesh

Nilesh (Expert)
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14 March 2016 U will be taxed from FY 12-13 on entire value and exemption is not available