When Liable for service tax payments ??
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 July 2010
Dear Sir/Madam
we know that service tax limit is Rs.10 Lac
so I raise to consultancy bill to customers without service tax from April due to limit is 10 Lac but My turn over cross 10 Lac in Oct Mth then I charge service tax in bill & deposit also.
I m not deposit service tax April to sep. due to turn over under 10 lac
If i m wrong pls. correct me.
thnx n regards
we know that service tax limit is Rs.10 Lac
so I raise to consultancy bill to customers without service tax from April due to limit is 10 Lac but My turn over cross 10 Lac in Oct Mth then I charge service tax in bill & deposit also.
I m not deposit service tax April to sep. due to turn over under 10 lac
If i m wrong pls. correct me.
thnx n regards
17 July 2010
If in last year u have availed of the exemption of Rs. 10 lakhs then the same is not available in the current year also.
In the current year you will have to charge service tax from Re. 1 of your billing.
In the current year you will have to charge service tax from Re. 1 of your billing.
17 July 2010
Agreed with Mr. Aditya.
If you have registered with service tax in starting of year, i.e you have cross the exemption limit at that time i.e in previous year.
Then you have to charge service tax from 1st Bill.
If you have registered with service tax in starting of year, i.e you have cross the exemption limit at that time i.e in previous year.
Then you have to charge service tax from 1st Bill.
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