Filing of service tax return.
This query is : Open
26 May 2015
I have taken registration for service tax. My turnover is 7,56,480/- for engineering service for Oct- march-2015. Whether I have to file NiL return or I have to show my turnover/ Gross Received of Rs. 7,56,480 and get exemption for the same.
26 May 2015
If you have collected the service tax from the customers or if you have crossed the limit of 10 lakhs in the whole year then you have to pay the service tax and you can not claim the exemption. If you are liable to pay the service tax and you have not collected the same then you have to pay the service tax from the amount received.
You can file the Nil return only when your taxable services are Nil and your taxable service was more than Rs 10.00 lakhs in the previous year.
You can file the Nil return only when your taxable services are Nil and your taxable service was more than Rs 10.00 lakhs in the previous year.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- F & O PROFIT REPORTING FOR AY 2026-27
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
