banner_ad

Charging point of service tax

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
15 October 2013 I am a registered service tax assessee but not charging service tax, due to small service provider exemption. This year in October my billing has crossed 10 lakhs but receipts are still below 10 lakhs. So, when should I start charging service tax(On bill above 10 lakhs or on receipt above 10 lakhs)?

Thanks in Advance
Profile Image

@VaibhavJ

Profile Image

@VaibhavJ (Expert)
15 October 2013 Hi

Yes, you should charge service tax since before 31.3.2014 your collection would also increase 10L limits.


Thanks//VaibhavJ
Profile Image

RENGARAJ R.K

Profile Image

RENGARAJ R.K (Expert)
15 October 2013 It is not receipt basis. It is invoice basis. So, you are supposed to register yourself once you cross 9 lacs and inform the department.

Better to register and start collecting service tax in your bills.
Profile Image

@VaibhavJ

Profile Image

@VaibhavJ (Expert)
15 October 2013 Hi

Upto RS. 50 lakhs Individual & Firm can follow receipt based method.


Thanks//VaibhavJ
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details