Exemption under notification 6/2005
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 December 2012
Dear sir/madam, I have a query regarding service tax exemption notification 6/2005, that this is available for one FY only or for any subsequent year when in c/y taxable service value is less than 10.00 lacs...
07 December 2012
HI
As long as your previous FY value of taxable service provided is less than 10L, you enjoy exemption in current year.
so it is not restricted to one year..
So once ur current fy value of service provided exceeds 10 l u have to pay ST in current year & next year also.
Thanks//Vaibhav
Revert for more clarity.
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As long as your previous FY value of taxable service provided is less than 10L, you enjoy exemption in current year.
so it is not restricted to one year..
So once ur current fy value of service provided exceeds 10 l u have to pay ST in current year & next year also.
Thanks//Vaibhav
Revert for more clarity.
Use thank button to convey your appreciation.
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