Payment of service tax
Querist : Anonymous
how should it pay service tax ?
- on exceeding amount only or
- on full amount from beginning or
- it should pay for invoice raised only after registration ?
Incase your turnover exceeds Rs.10 lakh current year you can claim till Rs.10 lakh exemption and charge service tax after Rs.10 lakh
but subsequent year onward need to charge from beginning
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