19 January 2017
hello sir, if a small service provider whose turnover for previous year is below 10 lac, has exceeded his turnover of rs.10 lac this current year, on which amount the service tax is levied?? is he required to collect service tax on whole amount or the amount which is above 10 lacs??
19 January 2017
thankyou sir, i dont want to waste your valuable time. please confirm the below statement.\
my turnover for previous year is 8,35,000/- for this year, it is 12,35,200/-. so, i have to collect service tax on 2,35,200.( i mean i have to apply the service tax rate on 2,35,200/-). is it correct sir??
CAclubindia
