Need help regarding service tax

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vipul (Querist)
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06 January 2016 Hi,

I had recently started my firm (sole proprietorship) and had applied for a service tax registration number. This was essential to get empanelled with customers and to open a bank account under the firm's name.

Since I've just started, the revenue is not sizable yet. I understand that I can apply for an exemption from service tax as long as the revenue is under 10 lacs, which will be the case.

I need to raise invoices for my clients. Considering Service Tax is exempt under 10 lacs but I have registered for a service tax no., do I need to necessarily charge the customers with S.Tax @14.5% or it is not required till the revenue is less than 10 lacs? I am asking this since it'll be difficult to charge this amount initially.

Please advice.

CA. Divyansh Agarwal

CA. Divyansh Agarwal (Expert)
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06 January 2016 You don't need to charge service tax however it is mandatory that you file service tax return and mentioning the total service amount and then claim exemption

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