SERVICE TAX REGISTRATION EXEMPTION LIMIT FROM 2009-2010

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ANIL PANCHAL

ANIL PANCHAL (Querist)
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09 April 2010 WHAT IS THE LIMIT OF SERVICE TAX REGISTRATION LIMIT FROM 2009-2010?

Shyam Lal Naik

Shyam Lal Naik (Expert)
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09 April 2010 It is 9 lakh

Ram Avtar Singh

Ram Avtar Singh (Expert)
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09 April 2010 (II) Section 66 pertaining to “Charge of service tax” is being amended to include the
services which are individually specified as taxable services in this year’s Finance
Bill
All the above mentioned amendments in section 65 and section 66 will come into effect
from a date to be notified after the enactment of the Finance Bill, 2008.
(III) Exemptions from service tax:
(1) The annual threshold limit of service tax exemption for small service providers
has been increased from the present level of Rs.8 lakh to Rs.10 lakh with effect from
01.04.2008, provided that the aggregate value of taxable services rendered by such
provider of taxable service from one or more premises, does not exceed Rs.10 lakh in the
preceding financial year.
[refer notification No. 8/2008-Service Tax, dated 01.03.2008]
Consequent upon increase in threshold limit of exemption from Rs.8 lakh to Rs.10
lakh, notification No.26/2005-Service Tax dated 07.06.05 and notification No.27/2005-
Service Tax dated 07.06.05 have been amended to raise the limit for obtaining service tax
registration from Rs.7 lakh to Rs.9 lakh.
[refer notification No. 9/2008-Service Tax,
No. 10/2008-Service Tax, and
No.11/2008-Service Tax, all dated 01.03.2008]
These changes will come into effect from 1st April, 2008.

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