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 ....
CA SACHIN SINGH
(Expert)
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.
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