taxability of service tax
Vikasacc ( jOB/Practice) (59 Points)
21 July 2016service tax applicable or not?
EKALABYA TALUKDAR
(SERVICE TAX CONSULTANT)
(666 Points)
Replied 21 July 2016
IF GROSS TURNOVER IS MORE THEN TEN LACK (10,00,000.00) AGAINST THE SAME PANCARD NO.FROM THE MONTH APRIL TO MARCH (One Year)
OBVIOUSLY HE or SHE or ORGANISATION IS LIABLE TO PAY SERVICE TAX.
K.RAJA
(Tax Consultant)
(217 Points)
Replied 24 July 2016
Vikas sir,
Your client for exemption for small service provider whose value of services does not exceed of Rs.10 Lakh, that means, exemption available only if value of taxable services in the preceeding year does not exceed Rs.10 Lakh as per Notification No: 33/2012-Service Tax dated 20.06.2012.