Riya cahudhary (Job) (132 Points)
12 January 2012can any suggest me if a person providing a taxable service and his turnover is less than 10 lakhs (say 7 or 8 lakh) is he liable to get himself registered.???
and
if the threshold limit applicable on whom registered assessee or unregistered assessee????
Sagar Devani
(Corporate and International Taxation)
(1174 Points)
Replied 12 January 2012
No he is not liable to get liable.
Yogesh Bhandari
(CA FINAL Student)
(429 Points)
Replied 12 January 2012
Neha Jain
(Article)
(40 Points)
Replied 12 January 2012
No a person is not liable to get himself registered under the Service Tax unless n until he crosses the threshold limit .
Neha Jain
(Article)
(40 Points)
Replied 12 January 2012
No a person is not liable to get himself registered under the Service Tax unless n until he crosses the threshold limit .
Yogesh Bhandari
(CA FINAL Student)
(429 Points)
Replied 12 January 2012
I think threshold limit is 10 lakh,, but the registration requirement after 9 lakh.
As per Section 69(2):-
The provider of taxable service whose aggregate value of taxable service in a financial year
exceeds Rs.9,00,000 shall make an application to the jurisdictional Superintendent of Central
Excise in the prescribed form for registration within a period of 30 days of exceeding the
aggregate value of taxable service of Rs.9,00,000
CA Unnikrishnan Nair N
(Chartered Accountant)
(2083 Points)
Replied 12 January 2012
Registration limit is Rs.9 L and exemption limit is Rs.10L
Sanket
(!..Live to Give..!)
(16427 Points)
Replied 12 January 2012
If u exceede limit of Rs. 900000 ur are eligible to apply for registration...
If u exceeds limit of Rs 10,00,000 u have to pay service tax and can not claim any exemption if ur last year's turnover had exceeded rs. 10,00,000 ...
Riya cahudhary
(Job)
(132 Points)
Replied 17 January 2012
if he get himself registered although he is not liable to get himself registered and charging service tax from customer then in that case what he has to do. Is he liable to pay such amount to central goverment and file a return............. plz suggest.........
Neha Jain
(Article)
(40 Points)
Replied 17 January 2012
Yes , he has to pay service tax to the government if he has collected any from the customer.
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