Hello Freinds, I want to know what is an yearly limit for getting registration for Service Tax, in case of comission & Brokerage?.
2 Replies
Miss Rinkal
(Student)
(1309 Points)
Replied 04 September 2015
When the aggregate value of commission/ brokerage exceeds 9 lacs per annum
CA PRASAD KSHIRSAGAR
(CA Practice )
(148 Points)
Replied 05 September 2015
I agree to the above view. However, to be more precise, the year begins from April onwards, and, during the year, before the close at March, whenever, the gross value of services exceed Rs. 9 lac, the person is eligible to register himself with the Service Tax Authorities.
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