Charging of service tax

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This query is : Resolved

Imran H Mansuri (Querist)

16 January 2013 Firm is providing service of 'architecture' having a service tax registration number.
Till last year total income was below 10 Lac hence service tax was not charged & paid.
During F.Y. 2012-13 till now gross receipts exceeds 10 Lac.. So whether assessee has to pay service tax after claiming basic exemption of Rs. 10 lac for F.Y. 2012-13 or on full receipts ???

CA bhargava

CA bhargava (Expert)

16 January 2013 the assesse will be liable to pay service tax only on the bills exceeding 10 lacs ., need not pay on all

Imran H Mansuri

Imran H Mansuri (Querist)

16 January 2013 Assessee has not charged service tax on bills exceeding gross receipt to Rs. 10 lac.. So whether he liable to pay service tax during F.Y. 2012-13 ?????

Guest

Guest (Expert)

16 January 2013 In case assessee did not charged service tax on the bills exceeding Rs. 10.00/- lakhs then in such cases the receipts shall be deemed to be inclusive of service tax and the assessee will be liable to make payment of service tax.

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