Easy Office
LCI Learning

payment of ST - Registered but Turnover below limit

This query is : Resolved 

17 June 2011 Registered for ST but turnover of the business is less than the exempt limit of Rs 10 Lakh.

Questions:
1. Can nil return be filed as no service tax is charged as turnover is below limit
2. Does ST have to be collected only because the business is registered though limit has not been reached?

Ratan

18 June 2011 1. Nil return should be filed.
2. Need not collect ST till crosses threshold limit.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries