Service tax basic exemption rs. 10lakhs is applicability


This query is : Resolved 

(Querist)
25 March 2014 Hello Sir/Madam,

In Service Tax Basic Exemption Rs. 10laksh, is it applicable to Private Limited company if yes, under which section.

Thank your

Regards

Vijay

TKKKKKK (Expert)
25 March 2014 The service provider whose aggregate value of taxable service provided has not exceeded 10 lakhs in previous financial year.It is available to company also. as per notification no 33/2012-ST dated 20-6-2012

25 March 2014 yes it is applicable to private ltd co also...........


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