CA Prerna Bhargava (CA) (33 Points)
28 December 2012
SERVICE TAX QUERY-
A person exceeds a turnover of Rs.9,00,000 on 20th of December. On 25th of dec he shuts down his company. Is he still liable for registration under the act coz he exceeded the limit when in existence. Plz reply preferably with relevant circular or case law.
CMA RAVI
(ASSISTANT MANGER - FINANCE)
(478 Points)
Replied 28 December 2012
manoj
(student)
(5205 Points)
Replied 28 December 2012
As the business is not going concern so service tax liabilty is not arise
CAclubindia
