Exemption Limit
This query is : Resolved
Deepak Sharma
(Querist)
21 December 2009
Dear All,
Please tell me if Value of Service Provided are Rs. 10,00,001/-; Service Tax would be liable on Re. 1/- only or whole amount of Rs. 10,00,001/-
Further tell me can we take benefit of two or more Notifications simultaneously
e.g. Can we take the benefit od Notification No. 6/2005 & 13/2008 both
Please tell me if Value of Service Provided are Rs. 10,00,001/-; Service Tax would be liable on Re. 1/- only or whole amount of Rs. 10,00,001/-
Further tell me can we take benefit of two or more Notifications simultaneously
e.g. Can we take the benefit od Notification No. 6/2005 & 13/2008 both
Deepak Sharma
(Querist)
22 December 2009
Please reply soon
Madhukar N Hiregange
(Expert)
24 December 2009
Only on Re1 ST payable.
No bar on simultaneous availment of exemption as long as there is no bar within the notification itself.
No bar on simultaneous availment of exemption as long as there is no bar within the notification itself.
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