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Applicability of service tax

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(Querist)
04 May 2012 Hi

I want to ask that suppose if I(Proprietor) engaged in providing consultancy services and gross receipts of my concern is around Rs. 9 lacs.

Now, my gross receipts will be increasing and will cross the threshhold limit of RS. 10/ 9 lacs.

So, I wanted to start a new company from which I also provides consultancy services so that I can avoid the liability of service tax in my proprietorship firm (because I would not exceed the limit in the concern and over & above the threshold limit I will provide the services from company).
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
04 May 2012 You can open a new partnership firm or company but not new proprietroship where you would be the proprietor to save the incidence of service tax.
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