14 March 2015
Dear sir, MY Client was eligible for Small service provider(Gross Servivce Charges Rs540000) under Fin Act 1944 For FY-2012-13. But For FY-2013-14 Gross Service charges is 1800000-. My Doubt is, on which amount service tax he has to pay ie on Rs-1800000- or 800000-. Please Help me sir...
14 March 2015
he had to pay tax on 800000 but only for the first year... from next year he had to pay on all amount no exemption in further years...!!!