current year below threshold limit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 May 2011
Please clarifiy the following queries.
1. One of my client's gross receipts are below threshold limit in two previous year and current year. Will he pay service tax and file returns for current year?
2. Will he surrender the registration certificate or retain with him.
1. One of my client's gross receipts are below threshold limit in two previous year and current year. Will he pay service tax and file returns for current year?
2. Will he surrender the registration certificate or retain with him.
10 May 2011
Limit for registration is Rs.9 lakhs. If gross value of service is less than this limit for many years, registration may be surrendered.
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