Service tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 May 2014
I registered under category of " repairing/
maintenance " I provide both service and materials. I charge tax on whole amount.Now can I deduct the materials and charge ST on amount of service I provided. I observing recently that charging tax on whole amount i.e materials + service the final bill amount goes higher and company creates problem to pay I have not registered under VAT.Also I estimate that if I deduct materials than my taxable service would be much below 10 lakhs. On such case Can I surrender the registration ?
maintenance " I provide both service and materials. I charge tax on whole amount.Now can I deduct the materials and charge ST on amount of service I provided. I observing recently that charging tax on whole amount i.e materials + service the final bill amount goes higher and company creates problem to pay I have not registered under VAT.Also I estimate that if I deduct materials than my taxable service would be much below 10 lakhs. On such case Can I surrender the registration ?
03 May 2014
yes material amount delectable or exemption S TAX as per Notification No 12/2003-ST
are providing service with brand or registered trade mark not avail ssi exemption of 10 lacs.
are providing service with brand or registered trade mark not avail ssi exemption of 10 lacs.
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 May 2014
Thanks Kumar
are providing service... I cant'd understand
will you explain in details ?
are providing service... I cant'd understand
will you explain in details ?
03 May 2014
yes u can avail ssi exemption 10 lacs read 33/2012-st notification
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