Service tax - basic exemption limit

Vinod (CA in Practice) (445 Points)

28 May 2012  

Dear friends,

Whether the service tax basic exemption limit of Rs. 10 lakhs per year is applicable to franchisees ? or do they have to collect service tax for each rupee they collected (even less than Rs. 10 lakhs) ? 

Please share your views.

thanks in advance..

vinodaca74 @ gmail.com