Can i avail the basic exemption of service tax, in all financial years ? ie, even if i crossed 10L this year, am i eligible for the exemption of 10L in next years?
2 Replies
Rajesh Kumar
(Advocate- Tax)
(7806 Points)
Replied 14 March 2009
No. Once you cross the threshold limit, you have to pay service tax from the beginning.
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