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St turnover less than 10 lakhs. in return how to show

P V K (Asst. Manager (Finance & Accounts)) (202 Points)

24 April 2014

Dear All

One of the assessee done export service as well as taxable local services, both put to gether does't exceed 10 Lakhs.

In ST return where to show the local services which is not crossing the turnvoer limit?

Thanks in advance.

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2 Replies

Deepak Gupta (CA Student) (15922 Points)
Replied 24 April 2014

Originally posted by : Vinod
	Dear All One of the assessee done export service as well as taxable local services, both put to gether does't exceed 10 Lakhs. In ST return where to show the local services which is not crossing the turnvoer limit? Thanks in advance.

For export services:

In B1.1-Gross Amount, include both export and domestic services.
.
In B1.8-mention the amount of only export services (for claiming deduction, as non-taxable).
.
For domestic services:
.
In A11.1-select exemption notification benefit as ‘Yes’.
.
In A11.2-select Notification No. 33/2012-ST (It is for exemption to small service providers).
.
In B1.9-mention the amount of domestic services for taking the benefit of SSP exemption notification.
.
In B1.14-net taxable value would be nil.