Registration

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yogesh bhanushali (Querist)
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29 February 2008 can anyone tell me about on what basis the registration for Service tax is required ?
Whether on receipt of Rs.8 lakh ( now 10lakh)or billing of Re.8 lakh ?
i am giving the following cases on which i required the explanation

1) when in 1st year of business billing is done of Rs. 6 lakh & collection of Rs. 1 lakh only & in 2ed year billing is of Rs. 5 lakh & collection of 9lakh , out of which 5 lakh belongs to 1st year services & 4 lakh for the 2ed services
whether i am required to registered for SERvice Tax in any of the 2 year?

2) suppose in 1st year billing is done for Rs. 9Lakh & collection is NIL ?

3) Suppose in 1st year Billing is done for Rs.6Lakh & collection is of Rs. 10 Lakh out of which 4 Lakhs are received as advance ?

yogesh bhanushali

yogesh bhanushali (Querist)
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29 February 2008 Registration for St

yogesh bhanushali

yogesh bhanushali (Querist)
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29 February 2008 Registration for St

S.Srinivasaraghavan

S.Srinivasaraghavan (Expert)
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29 February 2008 It is the value of services provided that is the criterion for determining liability.

Ritesh.D.jain

Ritesh.D.jain (Expert)
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29 February 2008 It is on total amouunt billed or total turnover.

CA Saurabh Maheshwari

CA Saurabh Maheshwari (Expert)
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29 February 2008 IT IS ON THE VALUE OF SERVICES PROVIDED BY SERVICE PROVIDER.COLLECTION MAY BE MORE OR LESS THAN SERVICE PROVIDED BY SERVICE PROVIDER.THEREFORE ON BILLING AMOUNT .

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