Service tax liability
elangovan (Tax and Financial Advisory) (217 Points)
31 May 2016elangovan (Tax and Financial Advisory) (217 Points)
31 May 2016
CA Rohit Jain
(Practice)
(1865 Points)
Replied 31 May 2016
Service tax liability arises only when the taxable turnover exceeds Rs 10 lakhs.
elangovan
(Tax and Financial Advisory)
(217 Points)
Replied 31 May 2016
How the same is to be shown in the Service Tax return if the person has registered for service tax?
CA Rohit Jain
(Practice)
(1865 Points)
Replied 31 May 2016
He should file nil returns showing total turnover below 10 lakhs
elangovan
(Tax and Financial Advisory)
(217 Points)
Replied 31 May 2016
So the Service to be declared as Exempt Service? or Whether no particulars are to be disclosed in the return?
Thanks in advance
elangovan
(Tax and Financial Advisory)
(217 Points)
Replied 31 May 2016
Business Consulting Service Provided by the Assessee, now if i am filing returns then i should only show the turnover right!, i dont have to show anything such as exempted etc,.
Thanks in Advance
Karan Arora
(Manager)
(55 Points)
Replied 01 June 2016