Basic exemption limit.
This query is : Resolved
09 November 2013
Sir/Madam
If there are different branches of one corporation and all the branches are having different service tax numbers than in that case the basic exemption limit will apply to each branch or exemption of Rs 10 lakh is for corporation as a whole?
If there are different branches of one corporation and all the branches are having different service tax numbers than in that case the basic exemption limit will apply to each branch or exemption of Rs 10 lakh is for corporation as a whole?
09 November 2013
Dear Shivam,
Threshold limit of Rs. 10 Lacs apply to a person. In case your corporation is person not branches. Therefore, it will apply to the corporation including all branches,
Threshold limit of Rs. 10 Lacs apply to a person. In case your corporation is person not branches. Therefore, it will apply to the corporation including all branches,
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