28 April 2014
Dear Experts, Pl. advice me on following matter :
1) one of our client was operating three taxable businesses from same business but all are below the 10 lac of turnover . Will the turnover of all the three firm should be club together for service tax?.
2) Now our client want to operate new business from same premises or form the resident of one of Partner in the name of Partner. The new business will be run as proprietor ship and the turnover will more than Rs. 10/- lac. But in this case the resident are used by partner wife to run her business which is also taxable service. But the turnover is below taxable limit. Will she should also apple for registration of service tax once the new business started by her husband cross the limit of 10/-? . She do not want to registered with service tax.
28 April 2014
1. yes, service tax is applicable since the owner is common.
2.in case once the gross taxable amount earned from service provided exceeds rs 9 lakhs reg is compulsory and when it exceeds rs 10 lakhs then service needs to be paid.