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excedd limit

This query is : Resolved 

22 November 2008 service providers receipt doenot exceed specified limit(10 lacs)in such case he deonot have to pay sevice tax to govt .

However in such case do he need to collect ST on bill raised by him .
and can he claim refund for ST paid but not claimed as credit .????????????????????????
wht i mean is if he is only service provider and has standing ST credit in his account as he is lying in exemption limit of 10 lacs so in such case can he claim refund of that credit OR can he claim as expenses

22 November 2008 Limit of 10 lakhs is not determined on receipt basis. It is the amount billed on the previous year and not the amount received.
If he is below the threshold limit he need not collect and pay ST.
Last part of the question is left open since the query is not clear.


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