RAJU (LEARNER) (1089 Points)
12 February 2009Is Basic threshold of Rs.10.00 lakhs for service tax is applicable for Import of Services and GTA services where service recipient is liable to pay tax. Please explain with provisions of Finance Act and Service Tax rules.
Thanks & regards,
G. Dharmaraju
Rajesh Kumar
(Advocate- Tax)
(7806 Points)
Replied 12 February 2009
The exemption for these services is not available as these are not the output services of the assessee; merely the burden of paying taxes has been shifted on them.
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