Liabilitie of service tax
This query is : Resolved
02 April 2015
suppose ...
my previous year turnover is 900000...so I made ST - REGISTRATION. ...but current year turnover also less than 1000000 ...that's why I am not charged service tax on customers .....
so ..now should I pay services tax to govt ....
02 April 2015
After crossing of turnover for Rs.10 lacs in a FY,you are required to charge service tax and pay to govt.
But under your circumstances,you are not required to chagered & Pay ST.
Year Turnover
1 500000 no registration & No ST
2 900000 Compulsory Registration but no ST
3 980000 No ST
4 1050000 ST on Rs. 50000
5 25000 ST on 25000 as Turnover in last FY > 10 lacs
6 800000 No ST as in last FY,Turnover was Rs. 25000
7 1100000 ST on Rs 1 lacs
But under your circumstances,you are not required to chagered & Pay ST.
Year Turnover
1 500000 no registration & No ST
2 900000 Compulsory Registration but no ST
3 980000 No ST
4 1050000 ST on Rs. 50000
5 25000 ST on 25000 as Turnover in last FY > 10 lacs
6 800000 No ST as in last FY,Turnover was Rs. 25000
7 1100000 ST on Rs 1 lacs
02 April 2015
https://www.simpletaxindia.net/2012/09/service-tax-exemption-limit-who-can.html?m=1
You can also check out above link for details.
You can also check out above link for details.
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
- Tax on Deemed Capital Gain
- Type of Capital Gain
- Exiting partner in partnership firm in gst portal
- Reporting in TDS return
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- Gst on travel by air for business purposes
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- Banking Related Issue
- Residential status of non resident
- ITR-3 File/Error Found
- CASH GIFT FROM BLOOD RELATIVE
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- Rent claimed on building given on permissive possession basis
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
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
