Applicability of Service Tax

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Hai Sir!

If in the previous year crossed the limit of Rs. 10 lakhs then it is taxable from the next year under service tax. Coming next year we will have only Rs. 3 lakhs then will pay the service tax or not. pls send as early as possible. my mail id. sekharreddyca @ gmail.com

Replies (1)

Yes, tax is payable in that year even on 3 lakhs. However, next year you can avail the small service provider exemption.

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