Payment of service tax

This query is : Resolved

Jyoshna (Querist)
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04 December 2013 Sir,

My client's aggregate value of taxable service exceeds Rs.9,00,000 and he get registered in the aces.

My query is that, the service tax is to be paid on the amount which is inclusive of that Rs.9,00,000 or amt levied after the service tax registration.

Pls tell me

CA.Krupa Mochi

CA.Krupa Mochi (Expert)
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04 December 2013 If in the previous financial year the aggregate value of taxable services provided by you was less than Rs.10 lakh and in the present financial year the aggregate value of taxable services provided by you is also less than Rs.10 lakh. Then no need to pay service tax .

CA Sumit N. gupta

CA Sumit N. gupta (Expert)
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04 December 2013 Dear Madam

There is exemption of 10 lacks to small service provider. Every Service provider can avail this exemption if in the previous year total value of service provided is less than 10 lacks. In your case in my opinion Service tax shall be paid exclusive of 9 lacks in addition you can further issue 1 lacks invoice without service tax.