02 April 2015
suppose ...
my previous year turnover is 900000...so I made ST - REGISTRATION. ...but current year turnover also less than 1000000 ...that's why I am not charged service tax on customers .....
so ..now should I pay services tax to govt ....
02 April 2015
After crossing of turnover for Rs.10 lacs in a FY,you are required to charge service tax and pay to govt.
But under your circumstances,you are not required to chagered & Pay ST. Year Turnover 1 500000 no registration & No ST 2 900000 Compulsory Registration but no ST 3 980000 No ST 4 1050000 ST on Rs. 50000 5 25000 ST on 25000 as Turnover in last FY > 10 lacs 6 800000 No ST as in last FY,Turnover was Rs. 25000 7 1100000 ST on Rs 1 lacs
CAclubindia
