Service tax first year

sreekumar (Consultant) (34 Points)

30 January 2013  

Hi

 

I want to start a company. When I went for service tax registration, they told me that I can not get the 10L exemption for the first year. Is that true?

If my turnover is less than 10L, for  the first year of my service, How can I get the exemption.

Thanks in Advance.