Who all are liable to pay service tax???
is there any thing like nil return in service tax??
what are the rates of tax??
4 Replies
Prasad
(Sr. Manager)
(617 Points)
Replied 26 September 2012
Any service provider other than exemptions like 10LPA (small service providers), providing services under negative list, or users of services in certian cases need to pay service tax.
yes you can file a nil return in case there is no service provided or in certian cases services received.
normally 12.36%, ( certian abatments are avaliable depends on case to case basis)
Imran Hingora
(Learner)
(248 Points)
Replied 26 September 2012
is there anything like u have to cross certain turnover and then only you become liable to pay it??
Vikas
(CA)
(1135 Points)
Replied 26 September 2012
1. Rs.10 Lakhs for service providers:
2. No limit for Service Recipient;
Advice : Refer to the Education Guider newly issued by CBEC available on www.cbec.gov.in at service tax column.
Sunil Kumar G
(AGM Taxation)
(373 Points)
Replied 26 September 2012
He has to apply for registration if his turnover of taxable service exceeds Rs. 9 lacs.
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