28 February 2015
If an entity is registered under service tax act and its turnover is still less than 10 lakhs (say in FY 2014 it was 2 Lakhs) and it is less likely that entity is going to cross 10 lakhs threshold limit in FY15. My queries is : Do the entity in question is liable to charge service tax only on grounds that it is registered but not crossed the limit.? Thanks in Anticipation
CAclubindia
