Snehal (Learning Tax) (129 Points)
09 March 2013
raghavender upadhyay
(B.Com, LLB, CA FINAL)
(331 Points)
Replied 09 March 2013
As per definition aggregae of all the services provided(not individual ) exceeds 10 Lakhs. U have to apply compulsory registration and collect Service tax on both the commercial propoerty. If both the commercial properties are situated at different jurisdiction then you have to apply for separate registration for both the properties.
Pawan Mittal
(CA Final)
(711 Points)
Replied 09 March 2013
Yes as the aggregate limit of Rs. 10 lacs has been crossed you will have to pay service tax.
In the first year you will have to pay service tax on Rs. 1920000 - 1000000 = Rs. 920000
and in subsequent years pay service tax on the total amount of services provided i.e. Rs. 1920000.