Service tax turnover limit

Sivaraman A R (.) (1040 Points)

30 January 2017

I am providing a service which is exempted under mega exemption notification.

Turnover is Rs 11 lakh.

Should I take service tax registration?

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Saikrishnan S (Chartered accountant - Plintron) (186 Points)
Replied 30 January 2017

As per section 69, you are required to obtain registration when your aggregate value of taxable service in a financial year exceeds 9 lakhs.

Aggregate value of taxable excludes payments received towards receipts that are wholly exempt from service tax.

In your case, since the service falls under exemption, registration is not required.

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Sivaraman A R (.) (1040 Points)
Replied 31 January 2017

Thank you.

But I heard from one popular video lecturing that Service tax registration is to be taken. Thats why this doubt arose. Will revert

Sivaraman A R (.) (1040 Points)
Replied 31 January 2017

Thank you.

But I heard from one popular video lecturing that Service tax registration is to be taken. Thats why this doubt arose. Will revert

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