Service tax


This query is : Resolved 

21 February 2011 Respected All,
Suppose A C.A Firm Has a Gross receipt of Rs. 50 Lacs out of which out of Pocket expenses of Rs. 40Lacs, whether service tax still have to pay??

21 February 2011 Service tax is on gross value of service and not on profit. Threshold limit is also for the gross amount received.


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