24 May 2011
dear sir my last year(march'2011) turnover was 8.00lacs.hence not applied for registration .now turnover is (11-12)4.00lacs till the date and aggregate value of taxable services received in (f/y11-12)is Rs 10.lacs .will i apply immediately for registration,though i am only receiving 6.00 lacs last year amount.
24 May 2011
The small scale exemption limit as applicable to service provider of 10 lac is applicable for per financial year. Therefore in case the aggregate value of taxable service exceeds ten lac per year then in such instance he should apply for registration under service tax law
CAclubindia
