Dipjyoti Majumdar (CA in service & CS. dipmaj@ rediffmail.com ) (3468 Points)
16 May 2012If my export turnover in FY is 5 lakhs and domestic turnover is 6 lakhs, do I come within the service tax net as far as charging of service tax on bills are concerned. It has to be noted that export service is not liable to service tax levy.
Regards,
Prateek Agarwal
(Sr. Executive - Finance & Accounts)
(1732 Points)
Replied 17 May 2012
When value of taxable services provided during the year exceeds Rs. 10 Lakhs.
In computing the value of taxable services, exempted services are not to be considered.
Hence, in your case, you can enjoy the benefit of exemption of small service provider.
Regards
Prateek
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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