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Exemption upto Rs.10 lakhs for SSPs.

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(Querist)
20 April 2011 My company has paid service tax on the excess of Rs.10 lakhs value of services during the year 2010-11. Do we have to pay service tax for the current year 2011-12 from the begining of our billing or can we claim exemption again upto Rs.10 lakhs.



E.K.Haridasan
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
20 April 2011 Exemption of 10 Lacs can't be availed in financial year 2011-12.
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e k haridasan

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e k haridasan (Querist)
20 April 2011 Suppose our likely turnover during the year 2011.12is below Rs.10 lakhs.
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