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Computation of service tax

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(Querist)
26 February 2013 Hello Friends,

As we know if any one started service firm they will be not be liable to pay service tax up to certain limits. (Current limit is 10 lac).

above limit we cant considered exempt services and other notify service by Govt. of India.

But how we calculate the above limit in case of below services:

1. Abatement service e.g. tour operator etc

2. Air ticket agent services?

please explain effect of finance act 2012 and Notification 25/2012.


Regards

CA. Anoop Gadia

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@VaibhavJ

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@VaibhavJ (Expert)
26 February 2013 Hi

Service tax paid on RCM is not to be considered for 10 Lacs limit.

Thanks!!
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CA. Anoop Gadia

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CA. Anoop Gadia (Querist)
26 February 2013 Please give example for above calculations




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