An assessee's turnover of taxable service is always around 6-8 lacs per annum. One of his clients whose billing amount each year if about Rs.1 lac is hell bent on a bill that contains Service Tax. However, his other clients will not pay Service Tax. Can he charge Service Tax to that particular client(he will obviously deposit the amount of Tax collected with the Government) and leave the others as it is? In other words, can he claim partial SSI Exemption Notification No. 33/2012?
1 Replies
Deepak Gupta
(CA Student)
(15922 Points)
Replied 02 April 2014
| Originally posted by : yashsr | ||
 |
An assessee's turnover of taxable service is always around 6-8 lacs per annum. One of his clients whose billing amount each year if about Rs.1 lac is hell bent on a bill that contains Service Tax. However, his other clients will not pay Service Tax. Can he charge Service Tax to that particular client(he will obviously deposit the amount of Tax collected with the Government) and leave the others as it is? In other words, can he claim partial SSI Exemption Notification No. 33/2012? |  |
Condition (i) given in Para 2 of the said notification says that,
.
(i) the provider of taxable service has the option not to avail the exemption contained in this notification and pay service tax on the taxable services provided by him and such option, once exercised in a financial year, shall not be withdrawn during the remaining part of such financial year.
.
So, partial exemption is not possible.
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