Applicability of service tax for the partnership firm
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 February 2015
I Have started the business of advertising which is just started & will going to have turnover of Approx 5 Lakhs per year in future.So, in this Regard I wanted to Khow the following Points.
1) Do I need to take the Service Tax Registration Number.
2) When did I Need to take the Service tax Number
3) Since my Firm is not having the Service tax No. and I have to give the Invoice to Customer as my customer is asking to give the invoice with Inclusive of All Tax. So, whether I can give the Invoice to Customer writing that the amount is inclusive of service tax, but without showing any additional service tax. In Invoice I will mention My Firm PAN No & My Firm T.I.N. No. Is that will be the Correct Invoice. Gross Amount if Invoice will be Rs. 5000.
1) Do I need to take the Service Tax Registration Number.
2) When did I Need to take the Service tax Number
3) Since my Firm is not having the Service tax No. and I have to give the Invoice to Customer as my customer is asking to give the invoice with Inclusive of All Tax. So, whether I can give the Invoice to Customer writing that the amount is inclusive of service tax, but without showing any additional service tax. In Invoice I will mention My Firm PAN No & My Firm T.I.N. No. Is that will be the Correct Invoice. Gross Amount if Invoice will be Rs. 5000.
23 February 2015
YOU CAN NOT RAISE INVOICE INCLUSIVE OF ALL TAXES.
YOU HAVE TO SHOW ALL TAXES SEPARATELY IN THE INVOICE TO AVOID ANY FURTHER COMPLICATION/S.
YOU WILL REQUIRE TO APPLY FOR SERVICE TAX REGISTRATION AFTER CROSSING YOUR GROSS TURNOVER OVER Rs 9 LACS.
YOU HAVE TO SHOW ALL TAXES SEPARATELY IN THE INVOICE TO AVOID ANY FURTHER COMPLICATION/S.
YOU WILL REQUIRE TO APPLY FOR SERVICE TAX REGISTRATION AFTER CROSSING YOUR GROSS TURNOVER OVER Rs 9 LACS.
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