i m generator operator and providing generator light to a bank. should i take service tax number and what is exemption limit for generator operator. its urgent
MUKESH KUMAR CHOUDHARY (advocate) (69 Points)
22 April 2014i m generator operator and providing generator light to a bank. should i take service tax number and what is exemption limit for generator operator. its urgent
CA Deepesh Ruhela
(Keen to Learn)
(3271 Points)
Replied 22 April 2014
Yes Sir, you should take registration number if Value of Service exceeds Rs.9 lac during the year. There is no special exemption limit for Generator operator. If value of taxable service provided is Rs.10lac or less in a Previous Year, then in Current Financial Year, value of service upto Rs.10 lac will be exempted from Service Tax and after Rs.10 lac liable to pay Service Tax (normally).
MUKESH KUMAR CHOUDHARY
(advocate)
(69 Points)
Replied 22 April 2014
THANK YOU SIR
WHICH SERVICE SHOLD I SELECT FOR REGISTRATION
CA Deepesh Ruhela
(Keen to Learn)
(3271 Points)
Replied 22 April 2014
"SUPPLY OF TANGIBLE GOODS SERVICES"