hi! my client has provided total taxable service of Rs.13,85,217/-. in F.Y.2008-09 Since its service not exceeds Rs.10,00,000/- in F.Y.2007-08 Therefore he has paid Service tax on Rs.3,85,217/- @ 12.36%. However he paid Amount in excess by Rs.1,42,708/- Can I Claim Refund for the same.
What will be my service tax liability for the F.Y.2009-10 AND also for the F.Y.2010-11 till the date. whether it is advisable for me to Surrender Service Tax Registration as chances of taxable service going beyond 10 lacks is negligible.
My email id is rajesh.fca @ hotmail.com
Pl. ADVICE.
CAclubindia
