Dipjyoti Majumdar (CA in service & CS. dipmaj@ rediffmail.com ) (3468 Points)
05 January 2012I have export service turnover for 8L and indian turnover for 3 lakhs in FY 1112.
Is registration mandatory. Is charging of service tax on indian turnover attracted.
Regards,
CA Prabhat Gupta
(Manager (Indirect Taxes))
(821 Points)
Replied 05 January 2012
Registration is mandatory when gross receipts from taxable services exceed Rs.9 lakhs. As export of service is not taxable under service tax, i.e., it is not taxable service, receipt from export services should not be considered for calculation of basic limit for mandatory registration.
CA Prabhat Gupta
(Manager (Indirect Taxes))
(821 Points)
Replied 05 January 2012
Service tax on turnover from services provided within India would also not attract service tax on the same lines, as the same is within the limit of Rs. 10 lakhs.
CA SANDESH MAHIPAL
(Practicing in GST and MSME )
(1985 Points)
Replied 05 January 2012
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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