Can i doing business with both trading and providing service
This query is : Resolved
BHAVESHNAGAR
(Querist)
06 July 2013
Please give me solution about query mention below:
I am the trader of tools and spare parts of construction work and my turn over for last F.Y. 2011-12 was 2288243.00. but problem is there that now i am starting new work like service provider of cranes at building construction site and i want to service tax no. but i fear about that it will cause penalty from service tax because of my turn over. please give a solution which is hassle free. as soon as possible.
I am the trader of tools and spare parts of construction work and my turn over for last F.Y. 2011-12 was 2288243.00. but problem is there that now i am starting new work like service provider of cranes at building construction site and i want to service tax no. but i fear about that it will cause penalty from service tax because of my turn over. please give a solution which is hassle free. as soon as possible.
Rupesh Jain
(Expert)
20 July 2013
r/sir
service tax charge on service providing by you not on amount of sale of goods.
upto rs. 10 lacs of service amount no service number required.
service tax charge on service providing by you not on amount of sale of goods.
upto rs. 10 lacs of service amount no service number required.
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