Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

banner_ad

Exemption after reaching 10 lacks and above

This query is : Resolved

Share Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

10 April 2016 we already have service tax registration. but never reached up-to Turnover of Rs 10 Lacs. In FY 2014-15 our TO was 6 Lacs. This tear we Crossed Exemption Limit of 10 Lacs. Turnover for FY 2015-16 is 12 Lacs. Now I am liable to pay Service Tax. Please suggest weather I will pay Service Tax on 12 Lacs or 2 Lacs?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

10 April 2016 For the first year pay service tax on 2 lacs from next year pay it without any exemption.

Message likes : 1 times

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

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

CCI Pro

Meet our CAclubindia PRO Members

Pro Member Prakash J C

Prakash J C

Pro Member krishna shastri

krishna shastri

Pro Member George Innocent

George Innocent

Pro Member nilesh

nilesh

Pro Member DURGA TANDEL

DURGA TANDEL

Follow us

add to google news

Answer Query

Quick Links

Browse by Category

Latest Job Openings

View all

Featured 27 May 2026

Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details

26 May 2026

Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details

16 May 2026

Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details

22 May 2026

U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details

ARTICLESHIP 04 June 2026

Article

Rakhecha & Co.

New Delhi

CA Inter

View Details

ARTICLESHIP 31 May 2026

Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details

14 May 2026

Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details

22 May 2026

Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details