service tax- threshold exemption

rahul saraf (Chartered accountants) (89 Points)

05 July 2011  

threshold for small service providers

for Fy 2009-10 gross receipts exceed > 10.00 lacs so service tax paid

for fy 2010-11 since the previous financial year > 10.00 lacs service tax collected and paid.

BUT for FY 2011-12 can i claim threshold exemption as my receipts/t.o for FY 2010-11<10.00 lacs and is predicted that will be less than 10.00 lac in the current fy11-12 too.