What is exemption limit of 10 l
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 September 2012
we have not charged service tax up to turnover of Rs.10 lacs in first year now can we avial exemption limit of 10 L
16 September 2012
If in the first year turn over exceeded Rs. 10 lakhs, threshold limit exemption cannot be claimed in second year.
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16 September 2012
Agreed with the reply
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