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Liabale for service tax

This query is : Resolved 
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(Querist)
17 May 2013 DEAR SIR,

A COMPANY\FIRM NOW SERVICE PROVIDER BUT IT KNOW THAT THEY CROSS LIMIT RS. 10 LAKH.WITHIN TWO OR THREE MONTHS
IN THIS CASE IT IS LIABLE TO PAY SERVICE TAX ON RS. 1 TO 10 LAKH.
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CA Vikas Acharya

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CA Vikas Acharya (Expert)
20 May 2013 no, if they will cross the limit for the 1st time, then there is exemption upto Rs 10 lacs meaning there by service tax on;ly payable after billing of 10 lacs, upto 10 lacs no tax.
-notification 33/2012

though if they want to pay the tax from Rs 1 they can..as the above exemption is optional.
another thing is that no above exemption allowed if the service provider is using some other big brand name.

Note: from the next year tax will be paid from rs 1 itself, means 10 lacs limit is only for the 1st time
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AAYUSHI KHANDELWAL

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AAYUSHI KHANDELWAL (Querist)
22 May 2013 thank.....u.sir:)
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