Dear Professionals,
If taxable value of services is 12 lac in year 2007-08. so
Service tax registration as well as service tax payment on 2 lac is required.
right?
now in 2008-09, taxable value of services is 8 lac, then also service tax on 8 lac is require to pay as in the preceding fy taxable value was more then exemption limit.
now in 2009-10
taxable value of services is 9 lac , he would not require to pay st on 9 lac, right?
if yes then if value of services is 11 lac in 2009-10 then what would be the leviability..?
pls reply
CAclubindia
