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
- ITDS U/S.194T of Firm
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Difference between Date of Payment and Date of Deduction?
- Unregistered suppliers utility
- EXPORT COMMERCIAL INVOICE HSN CODE
- TDS AND ITR ISSUE
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- Journal entry of busniess expenses
- Non-Compliance documents have not been submitted by the contractors debited
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
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
