Assesse aggregate value of taxable service in 2009-10 is 12 lakh next year 2010-11 aggregate value of taxable service 8.75 lakh in 2011-12 aggregate value of taxable service is 13 lakh. Service tax liability will be (13-10)*12.36% or 13*12.36%
AAYUSHI JAIN (CA) (53 Points)
22 April 2015Assesse aggregate value of taxable service in 2009-10 is 12 lakh next year 2010-11 aggregate value of taxable service 8.75 lakh in 2011-12 aggregate value of taxable service is 13 lakh. Service tax liability will be (13-10)*12.36% or 13*12.36%
CA AnKiT BoHrA (AB)
(Manager)
(25955 Points)
Replied 22 April 2015
if a assessee once becames liable to pay service tax.... He wil always have to pay it... the exemption limit of ten lac is only for the first year....
in 2009-10, u had paid service tax na
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