01 June 2016
Expert's,
One of my clients is involved in Sale of Goods as well as he provides services.He has TIN number but not Service Tax number.His transactions in Service Tax is below 10L per annum.Now the issue is that one of his customers is asking him for service tax bill with service tax amount in it.Can I issue him a service tax invoice & I would also like to know that do I require to get a Service Tax number in this case.
01 June 2016
It is true that no service tax registration is required for taxable value of services below 10 lacs. However in case you require to charge service tax on the bills if your clients so insist and other commercial considerations, it is permissible only after taking registration and thereby collecting and depositing service tax against the STC no. so received.
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