30 April 2015
Question: One SSI has registered under service tax today but we have given him a advance a month ago shall we need to give service tax on advance though he haven't been registered that time?? Please reply ASAP.
30 April 2015
In case of newly registered service provider no service tax payable up to 10 lakhs. At the point of time you gave the advance his total service provided during the year exceeded 10 lakhs, you have to pay service tax on such advance.
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