Service Tax Exemption Limit

Reddi Kumar reddy.N (profession) (47 Points)

20 January 2011  

Hi,

My client has service tax turnover of Rs.15 lacs. Please clarify, whether he has to pay service tax on 15 lacs or Rs.5 Lacs (in excess of exemption of 10 lacs).

If he was having service tax turnover for Previous Year of Rs.15 lacs, what will be the liability.