Charging of service tax

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Imran H Mansuri (Querist)
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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)
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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)
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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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