My question is whether service tax is included in calculating Gross Sales for the purpose of Section 44AB? The Rs.40 lakhs limit is inclusive or exclusive of service tax?
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Dhruv Gaglani (Learning) (278 Points)
22 September 2009My question is whether service tax is included in calculating Gross Sales for the purpose of Section 44AB? The Rs.40 lakhs limit is inclusive or exclusive of service tax?
Kindly reply
Ashwani Narnoli
(.)
(1843 Points)
Replied 22 September 2009
| Originally posted by :Dhruv | ||
| " | It is inclusive of Service Tax | " |
Max Payne
(employed)
(2569 Points)
Replied 22 September 2009
Yes, service tax is to be included in calculating "gross receipts."
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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