Service tax appicability
This query is : Resolved
14 March 2012
we are registered in service tax but the Turn over is Less than Rs.9lakhs but bill includes service tax. whether the service tax is payable by me pls clarify
14 March 2012
1. you are a registered service provider
2. Check whether the aggregate service provided in the previous year is more than 10 lakhs,
3. if point no. 2 is not satisfied than service tax is exempt upto the total receipt of rs. 1000000.
In the given case you have given the turnover of current year please check whether the turnover in previous year is more than 10 lakhs.
2. Check whether the aggregate service provided in the previous year is more than 10 lakhs,
3. if point no. 2 is not satisfied than service tax is exempt upto the total receipt of rs. 1000000.
In the given case you have given the turnover of current year please check whether the turnover in previous year is more than 10 lakhs.
Message likes :
1 times
15 March 2012
if the turnover is not exceeding 10 lakhs i dont want to pay service tax right..so can i get exempt for paying service tax pls confirm
thank u
thank u
16 March 2012
yes,
If turnover is not exceeding 10 lakhs then there is no need to pay service tax
If turnover is not exceeding 10 lakhs then there is no need to pay service tax
17 March 2012
my turnover is less than 10 lakhs however i have collected service tax @ 10.3% on invoice and so far not remitted. in some cases invoice amount not at all realistic kindly confirm for unrealistic amount whether service tax is payable for unrealistic amount
thank u
thank u
18 March 2012
Dear Gopalan,
In case where you are not liable to collect service tax and you have collected it then you are liable to deposit it to the govt within the due date. Failing of which attracts interest. It doesn't matter whether realistic or not in your case.
The service tax is to be paid with interest.
In case where you are not liable to collect service tax and you have collected it then you are liable to deposit it to the govt within the due date. Failing of which attracts interest. It doesn't matter whether realistic or not in your case.
The service tax is to be paid with interest.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Off Market debit and credit transaction
- Itr 1 processing
- Showing Gift from relative in ITR for this year
- ITR 2 Short Term gain & Long term gain
- Short Term Capital gain on shares bought and sold after 2018 onwards
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR selection for salaries and capital gain less than L
- ITR returnFY25-26
- Share accounting-->fifo - capital gain - period as per fifo?
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- ITR 1: Details for showing Exempt Income
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
